Seán Kelly (PPE). – Mr President, as the name suggests, critical raw materials play a critical role in making the green transition a reality.
I was happy to vote in favour of this report, as the act will allow the EU to more efficiently use the assets we have on our own doorstep, while also reducing our dependence on external industrial powers like China, which we have been debating here for the last hour.
I welcome the introduction of a mechanism for coordinated monitoring of critical raw materials, supply chains, and the measures to address risks in the supply chain. I am particularly pleased with the amendments made to the benchmarks of the act. Notably, the strong increase in recycling capacity to 25% of annual consumption and the recycling of strategic raw materials from waste streams.
This shows the commitment of those involved in the development of this act to environmental prioritisation.