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Amendments to the Critical Raw Materials Act

TA-10-2026-0343 · P10_TA(2026)0343 · PE796.201

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Parliament's amended version of a proposed regulation amending Regulation (EU) 2024/1252 on critical raw materials. It strengthens data collection and monitoring, sets at least two calls for Strategic Projects per year, and makes the Commission identify large companies operating in the Union. It requires large companies to map their supply chains, assess vulnerabilities and take mitigation measures, and sets labelling and recycled-content rules for products containing permanent magnets. It establishes a European Critical Raw Materials Centre with tasks including joint purchasing, stockpiling, financial support and intelligence, and creates a European Critical Raw Materials Fund with an initial Union contribution of EUR 2 000 000 000. It sets up European contingency critical raw materials stocks owned by the Union, rules on their acquisition, storage and release, and allows support for private stocks. It requires the Commission to propose a seat for the Centre by 31 December 2026 and sets rules on the Centre's governance, budget, staff and reporting.

Key points

  1. The Commission should set cut-off dates for calls for Strategic Projects at least twice per year and may open additional targeted calls.
  2. The Commission, in close cooperation with Member States, shall identify large companies operating in the Union that use strategic raw materials in listed product categories, and may add categories by delegated act.
  3. Identified large companies must carry out a supply-chain risk assessment within nine months of notification and at least every three years, covering supply-chain mapping, ownership of facilities, factors affecting supply and vulnerabilities.
  4. Where significant vulnerabilities are found, large companies must take mitigation measures such as reducing use, improving efficiency, diversifying suppliers, prioritising secondary raw materials, substituting or building up stocks.
  5. The Commission may ask large companies to explain compliance within 60 days; defence contractors provide such information to their Member State, which shares it with the Commission.
  6. Entities from third countries holding more than 40% of global manufacturing capacity in extraction, processing or recycling of a strategic raw material may be excluded from the joint purchasing system, with exceptions for free trade, customs union or Strategic Partnership countries.
  7. The Commission may activate temporary support measures, including price stabilisation, contracts for difference, production-linked incentives or demand aggregation, in cases of sudden price increases, supply disruption or artificially low prices.
  8. Products containing permanent magnets, including hard disk drives, loudspeakers, motorised toys and drones, must bear a label; exemptions apply below mass thresholds of 3, 6, 15 and 20 grams.
  9. Persons placing products with permanent magnets above 0,2 kg on the market must publish the share of listed materials recovered from manufacturing and post-consumer waste; the Commission sets calculation rules by December 2026 and minimum shares by 31 December 2031.
  10. A European Critical Raw Materials Centre is established as a Union body with legal personality and an unlimited period, with tasks covering joint purchasing, stockpiling, offtake, resilience plans, financial support and intelligence.
  11. European contingency critical raw materials stocks are Union property; the Centre acquires and stores them and may release them in cases of supply disruption, urgency or market manipulation, with anti-abuse conditions.
  12. A European Critical Raw Materials Fund is established with an initial Union contribution of EUR 2 000 000 000, implemented by the Centre under indirect management, providing equity, loans, guarantees and risk-sharing.

Who is affected

  • Large companies using strategic raw materials in listed products: must map supply chains, assess vulnerabilities and take mitigation measures.
  • Producers of products containing permanent magnets: must label products and publish recycled content shares.
  • Member States: cooperate in identifying companies, may request joint procurement, and may establish national stocks.
  • Undertakings based in the Union: may access EUCRMS and request joint purchasing or procurement support.
  • Associated third countries (EEA EFTA members, United Kingdom, Switzerland and others by agreement): may participate in EUCRMS under conditions.

Figures and deadlines

  • At least twice per year: minimum frequency of calls for Strategic Projects.
  • Nine months: deadline for large companies to carry out a risk assessment after notification.
  • 60 days: deadline for large companies to provide information requested by the Commission.
  • 40%: share of global manufacturing capacity above which entities may be excluded from the joint purchasing system.
  • 3 grams, 6 grams, 15 grams, 20 grams: labelling exemption thresholds for hard disk drives and loudspeakers, motorised toys, drones and transducers.
  • 0,2 kg: total weight of permanent magnets above which recycled content must be published.
  • 31 December 2026: deadline for the Commission to propose the seat of the Centre.
  • EUR 2 000 000 000: initial Union contribution to the European Critical Raw Materials Fund.

Legal basis: Article 114 of the Treaty on the Functioning of the European Union