The European Commission recently released a list of 47 mineral sites within the EU’s borders that it considers strategically important, part of a new assessment of the bloc’s mineral resources. When it first started the initiative in 2023, the messaging focused on minerals such as lithium and copper needed for the energy transition. Now, it includes minerals for defense purposes, such as magnesium and tungsten.
“The case for minerals in Europe has become even stronger with a new call for rearming,” said Isabelle Dupraz, deputy director at the think tank European Initiative for Energy Security. Dupraz said that despite the fast changes in the geopolitical environment, those shifts could benefit the energy transition. “The need to end oil and gas dependency on national security imperative and economic security imperative.”
Read the full article: “Sustainability Investors Eye Defense Stocks as Geopolitical Tensions Rise“
