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Europe's Raw Materials Supply Chain: Front-End Considerations

Antje P. Wittenberg, Tom Bide, Daniel de Oliveira, Julie Hollis, Siim Nirgi, Gorazd Zibret, Havard Gautneb, Martiya Sadeghi, Rafael Navarro Dominguez and Boris Malyuk

A chapter in Supply Chain - Perspectives and Applications from IntechOpen

Abstract: Supply chains are linked for specific purpose and by something. Hence, the respective links of the chain must be hooked in the right place, sufficiently strong, and have to start somewhere. This chapter looks at the raw materials supply chain as the first link in a commodity supply, from the European Union (EU) perspective. Aspects of the raw material potential of critical or strategic mineral resources in Europe, its further exploration, and the concept of modifying factors are considered, and reporting systems of resources and reserves are described, underpinned by examples of mineral potentials in different regions of the EU. Thus, targeted exploration of raw materials, especially within the framework of national geological research, serves to support a sustainable and resilience supply chain. EU projects, such as GeoERA and Geological Service for EU, assist in shaping the tailor-made exploration programs fit for providing mineral data publicly available through EuroGeoSurveys' European Geological Data Infrastructure. In the future, raw materials may be seen as global public goods required to address many challenges, from the climate crisis to geopolitical instability; therefore, the society could conceptualize them in a new way, from a dominant investment returns-oriented viewpoint to one linked to delivering global objectives.

Keywords: exploration; raw materials; sourcing; strategic; critical; potential; Europe; resource management; UNFC (search for similar items in EconPapers)
JEL-codes: M11 (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ito:pchaps:325318

DOI: 10.5772/intechopen.113793

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