The Latest Breaking News from Stéphane Séjourné

Despite the EU's ongoing efforts to diversify supply chains, Chinese materials are crucial for the bloc's climate transition. China accounts for 60% of global production of critical raw materials and 90% of refining capacity.

EU industry commissioner Stéphane Séjourné called for a "European preference" to boost the bloc's competitiveness, but member states are divided over the strategy.

The European Union has weakened its planned 2035 ban on new petrol and diesel cars, retreating from a flagship climate measure as it moved to support an auto industry hit by job cuts, factory closures and fierce global competition.

The European Union is prioritising domestic production of key raw materials to manufacture electric vehicles without becoming reliant on other world powers.

Commission unveils €3bn strategy to de-risk and diversify supply chains for critical rare earth metals and elements

Europe will on Wednesday unveil a plan to reduce its reliance on China for rare earths and other critical minerals, opening a fresh front in its effort to secure supplies needed for major industries. The initiative, known as RESourceEU, is meant to give the bloc more control over materials that…

European and African leaders met in Luanda during the EU-African Union summit where they pledged to increase trade in renewable energy and critical raw materials. Shortly before, European leaders met in Johannesburg for the G20, where the bloc struck a trade deal with South Africa.

“Europe is not just a beautiful idea; it’s a powerful and stable economic space. And that’s what we want to preserve," says Stéphane Séjourné.

In a tense context for European companies, European Commissioner for Trade Maroš Šefčovič held a phone call on Tuesday with his Chinese counterpart Commerce Minister Wang Wentao over rare earth export restrictions.