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11/03/2025 | Press release | Archived content

European Critical Raw Materials Act and ‘strategic projects’

European Critical Raw Materials Act and 'strategic projects'

3.11.2025

Priority question for written answer P-004305/2025
to the Commission
Rule 144
Pascal Arimont (PPE)

The mining company Tungsten West is seeking to reopen the UK's Hemerdon tungsten mine, an initiative which in June was designated a strategic project under the European Critical Raw Materials Act[1]. The project aims to produce 20% of the world's supply of primary tungsten outside China.

In August, the Export-Import Bank of the United States (EXIM) addressed a letter of interest to the company stating that EXIM was considering granting up to USD 95 million for the project as part of a supply chain resilience initiative[2].

  • 1.Does the Commission consider that this funding offer jeopardises the Hemerdon project's status as a future source of supply for the EU, and what consequences would it have as to ensuring the security of the relevant supply chains for the EU?
  • 2.How does the Commission intend to position itself in the global competition for similar projects already classed as 'strategic'?

Submitted: 3.11.2025

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