{"id":33129,"date":"2023-05-22T11:31:52","date_gmt":"2023-05-22T10:31:52","guid":{"rendered":"https:\/\/www.innovationnewsnetwork.com\/?p=33129"},"modified":"2023-05-22T11:31:52","modified_gmt":"2023-05-22T10:31:52","slug":"reesilience-building-sustainable-rare-earth-supply-chain-europes-energy-transition","status":"publish","type":"post","link":"https:\/\/www.innovationnewsnetwork.com\/reesilience-building-sustainable-rare-earth-supply-chain-europes-energy-transition\/33129\/","title":{"rendered":"REEsilience: Building a sustainable rare earth supply chain for Europe\u2019s energy transition"},"content":{"rendered":"
Rare earth elements (REEs) are essential components in many modern technologies, particularly those associated with the green energy revolution. As Europe undergoes an ambitious energy transition, the need for a secure and reliable supply of REEs has become increasingly apparent. The REEsilience EU-project seeks to address this need by developing a sustainable and resilient supply chain for rare earth magnets, which are indispensable for renewable energy technologies and electric vehicles.<\/p>\n
REEsilience is funded by the European Union\u2019s research and innovation programme Horizon Europe (GA No. 101058598) and coordinated by the Institute for Precious Metals and Technology (STI) of Pforzheim University, Germany, and will last until June 2026. The consortium comprises 18 project partners from ten European countries (Austria, Belgium, France, Germany, Netherlands, Poland, Slovenia, Spain, Sweden, and the United Kingdom).<\/p>\n
The goals and main aims of the REEsilience project are multifaceted. First and foremost, the project seeks to reduce Europe\u2019s dependence on imported rare earth materials by establishing a secure and more sustainable supply chain for rare earth magnetic materials and products in Europe and will create new market opportunities for critical raw materials more sustainably produced in the continent. This involves investing in developing advanced extraction and processing techniques to minimise environmental impacts while maximising resource efficiency.<\/p>\n
Another key objective of REEsilience is to foster innovation in designing and manufacturing rare earth magnets. The project aims to create more efficient and environmentally friendly magnets, which will contribute to the overall sustainability of green technologies. By focusing on research and development, REEsilience is driving the creation of cutting-edge solutions that will help Europe maintain its competitive edge in the green technology sector.<\/p>\n