EU Mineral Firms Urge Urgent Funding

Key critical mineral project developers selected by the European Union have called for urgent funding, warning that liquidity constraints threaten their survival and hinder efforts to reduce reliance on China.

European Union flags flutter outside the European Commission headquarters in Brussels, Belgium April 29, 2026. REUTERS/Yves Herman

Developers of 23 critical mineral projects selected by the European Union have warned that acute liquidity constraints threaten their survival. The warning follows export curbs imposed by China on vital transition materials. The funding shortfall risks undermining the bloc's drive to reduce its reliance on foreign supply chains.

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