Access to strategically important raw materials has been a key determinant of economic wealth and development throughout history. To achieve strategic autonomy, maintain economic competitiveness, and meet its climate ambitions, Europe must secure its supply of this century’s new vital commodities.
LUXEMBOURG – Throughout human history, raw materials have played a key role in economic development, international relations, and the destinies of entire nations and civilizations. From precious metals (silver and gold) and agricultural commodities (sugar, rubber, silk, and spices) to energy resources such as oil and gas, changes in demand spurred by technological developments have rewritten global trade patterns, shifted fortunes, and often fueled conflict and exploitation.
LUXEMBOURG – Throughout human history, raw materials have played a key role in economic development, international relations, and the destinies of entire nations and civilizations. From precious metals (silver and gold) and agricultural commodities (sugar, rubber, silk, and spices) to energy resources such as oil and gas, changes in demand spurred by technological developments have rewritten global trade patterns, shifted fortunes, and often fueled conflict and exploitation.