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GTK Policy Brief: Ensuring the Availability of Critical Raw Materials: A Strategic Priority for EU and Finland
Achieving climate goals and developing technologies require large quantities of mineral resources and metals. Critical raw materials are needed in, for example, the realisation of renewable energy, digital industry, and space and health technology. Up-to-date geological research on mineral deposits and value chains is of critical importance, enabling clean transition and securing the responsible supply of materials.
Economic resilience and technological advancement is based on geoscientific expertise
The availability of critical raw materials (CRMs) underpins Finland’s economic resilience and technological advancement. To maintain leadership in critical raw materials research, it is vital to
- improve exploration potential,
- deepen the understanding of Finland’s mineral systems, and
- secure high-quality geodata.
Collaboration with international partners and the private sector is key to overcoming current challenges. By focus-ing on these strategic areas, Finland can ensure a stable supply of CRMs, align with EU priorities, and support its long-term economic goals and responsible mining.
Strengthen Finland’s position in the EU
Advocate for policies within the EU that prioritise the secure supply of critical raw materials. This includes active participation in the implementation of the EU’s Critical Raw Materials Act and alignment with broader European strategies.
Enhance national exploration initiatives
Increase investment in mineral exploration across Finland, focusing on areas with high potential for critical raw materials. Secure a steady supply of geodata as well as utilise advanced geodata collection and processing methods to identify new deposits and expand existing ones.
Promote international collaboration
Build and strengthen partnerships with other EU countries and international organisations in order to share knowledge, technology, and best practices in CRM exploration and processing. This collaboration will enhance resource security and drive innovation.
Diversify supply chains
Develop strategies to reduce dependence on single sources of critical raw materials by diversifying supply chains both within Finland and across Europe. Encourage the development of responsible mining practices and the recycling of critical materials.
Increase public and industrial awareness
Launch initiatives to raise awareness about the importance of critical raw materials for economic stability and technological advancement. Engage with industries and the public to build support for policies and actions that ensure a stable supply of these resources.
Secure sustainable funding
Advocate for increased EU and national funding dedicated to CRM-related projects, including exploration, research, and innovation. Leverage opportunities within EU funding programmes such as Horizon Europe and Just Transition Fund to support these initiatives.
The policy brief enables science based decision making. We are happy to discuss further.
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Availability of Critical Raw Materials
Achieving climate goals and developing technologies require a lot of raw materials. Our research focuses on critical raw materials and promoting the security of supply of strategic raw materials.
