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Regulation (EU) 2024/1252 establishing a framework for ensuring a secure and sustainable supply of critical raw materials and amending Regulations (EU) No 168/2013, (EU) 2018/858, (EU) 2018/1724 and (EU) 2019/1020.

Country
Type of law
Legislation
Source

Abstract
In order to improve the functioning of the internal market, this Regulation establishes a framework to ensure the Union’s access to a secure, resilient and sustainable supply of critical raw materials, including by fostering efficiency and circularity throughout the value chain. This Regulation lays down measures aiming to: (i) lower the risk of supply disruptions related to critical raw materials likely to distort competition and fragment the internal market, in particular by identifying and supporting strategic projects that contribute to lowering dependencies and diversifying imports and by undertaking efforts to incentivise technological progress and resource efficiency in order to moderate the expected increase in the Union consumption of critical raw materials; (ii) improve the Union’s ability to monitor and mitigate the supply risk related to critical raw materials; (iii) ensure the free movement of critical raw materials and products containing critical raw materials placed on the Union market while ensuring a high level of environmental protection and sustainability, including by improving their circularity.
Date of text
Entry into force notes
This Regulation shall enter into force on the twentieth day following that of its publication in the Official Journal of the European Union. By way of derogation from paragraph 1 of this Article, Articles 40 and 41 shall apply from 24 May 2028.
Repealed
No
Serial Imprint
Official Journal of the European Union L Series, 3 May 2024.
Source language

English

Legislation Amendment
No