BRUSSELS — It was meant to be Europe's escape from the web of Chinese critical mineral supremacy. But two years after it took effect, the EU's Critical Raw Materials Act is not on schedule. Just one in four critical mineral projects granted special status under the law is on track to be ready on time, according to new analysis shared with POLITICO. On Friday, EU industry chief Stéphane Séjourné will unveil a new list of critical mineral projects that will receive privileged access to funding, accelerated permitting and help from Brussels to find buyers. The idea is to make Europe a major producer of materials essential to clean energy, tech, and defense manufacturing. It's currently a heavy importer.
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