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European Union

The European Union is a political and economic union of 27 member states located primarily in Europe. Established by the Maastricht Treaty in 1993, it evolved from earlier European communities founded in the 1950s to promote economic cooperation and prevent conflict. The EU operates through a hybrid system of supranational and intergovernmental decision-making, with key institutions including the European Commission, the European Parliament, the Council of the European Union and the European Court of Justice. Member states have created a single market through a standardised system of laws that apply across all members, ensuring the free movement of people, goods, services and capital. Nineteen member states have adopted the euro as their common currency, forming the eurozone. The EU maintains common policies on trade, agriculture, fisheries and regional development, and has developed a role in foreign policy and security matters. With a combined population of about 450-million and a GDP exceeding €15-trillion, the EU represents one of the world's largest economic blocs. The union has been expanding its focus on climate policy, digital transformation and strategic autonomy, particularly in critical minerals and technology supply chains essential for the energy transition. The EU's regulatory frameworks, including those governing environmental standards and competition, exert significant influence on global business practices. Membership has fluctuated, most notably with the United Kingdom's departure in 2020.

European Union News


Rare earths on the periodic table
Governments should not pick critical minerals winners, mining financiers say
29th October 2026 By: Reuters

Governments should not choose which critical minerals projects get funding, and instead should invest in shared infrastructure to allow the best projects to move forward, financiers said at a... 


Canada Nickel signage at Crawford project
Canada Nickel inks offtake partnership with Swiss Steel
27th October 2026 By: Marleny Arnoldi

Specialty steel manufacturer Swiss Steel Group and miner Canada Nickel Company have announced a long-term strategic partnership Canada nickel to supply low-carbon semi-finished steel products. The... 


Australia Resources Minister Madeleine King
Australia revamps critical minerals strategy, targeting refining edge over China
27th October 2026 By: Reuters

Australia will refresh its critical minerals strategy to place greater emphasis on refining and processing, a senior Minister said on Tuesday, as competition for investment intensifies and... 


European Union ambassador to South Africa Kristian Schmidt
New EU ambassador sees South Africa as key partner in Europe’s critical-minerals diversification drive
22nd October 2026 By: Terence Creamer

The EU’s new ambassador to South Africa, Kristian Schmidt, sees potential for South Africa to further integrate its industrial supply chains with Europe in a way that supports South Africa’s... 


EU still committed to keeping oil, coal and gas in ground in Arctic, new strategy says
20th October 2026 By: Reuters

The European Union remains committed to "ensuring that oil, coal and gas stay in the ground, including in Arctic regions," according to a new Arctic strategy presented by the European Commission... 


Neo Performance Materials' magnet plant in Estonia
Neo secures €126m grant from EU Innovation Fund ahead of permanent magnet scale-up
20th October 2026 By: Marleny Arnoldi

TSX-listed permanent magnet producer Neo Performance Metals has secured an EU Innovation Fund grant for up to €126-million, or $141-million. The funding will support an expanded rare earth magnet... 


Oman spearheads IMARC's largest ever international representation as global mining leaders converge on Sydney
Oman spearheads IMARC's largest ever international representation as global mining leaders converge on Sydney
19th October 2026

The participation of the Sultanate of Oman at this month’s International Mining and Resources Conference + Expo (IMARC) marks another milestone in the continued internationalisation of Australia's... 


Aerial view of the Skouries gold mine
Skouries gold/copper project, Greece – update
16th October 2026 By: Sheila Barradas

The project has been designated as a strategic project under the EU's Critical Raw Materials Act. 


Coal on conveyor belt
Europe's battery boom has a dirty secret, says public policy expert
14th October 2026 By: Reuters

Europe's battery boom is proving that storage can help lower peak power prices. But unless government policy changes, battery systems may simply profit from fossil-fuel use instead of helping to... 


Lithium oxide in hand
Chinese lithium prices tumble to nearly 10-month low on demand concerns
12th October 2026 By: Reuters

China's lithium carbonate futures prices slid to a nearly 10-month low on Monday, as a deal with the European Union to cut hybrid cars exports exacerbated concerns over demand prospects for the... 


Skouries mine
Eldorado's new Skouries mine deemed 'strategic' under EU's critical materials legislation
12th October 2026 By: Marleny Arnoldi

TSX- and NYSE-listed Eldorado Gold's Skouries copper/gold mine, in Greece, has been designated as a strategic project under the EU's Critical Raw Materials Act (CRMA). The designation recognises... 


Emissions from factory
EU eyes COP31 climate deal to accelerate emissions cuts, document shows
12th October 2026 By: Reuters

The European Union (EU) will use next month's COP31 climate summit to push for agreement on a "package" of efforts to reduce the greenhouse gas emissions heating the planet, an internal EU document... 


EU pledges R1bn for SA green economy
9th October 2026 By: Irma Venter

Two Team Europe Global Gateway projects valued at R1-billion-plus were unveiled at the 2026 African Green Hydrogen Summit held in Cape Town last month. Global Gateway is the EU’s strategy to fund... 


Traxys Europe, Abenójar Tungsten sign offtake agreement
Traxys Europe, Abenójar Tungsten sign offtake agreement
8th October 2026 By: Sabrina Jardim

Traxys Europe, a member of the Traxys Group –  a physical commodity trader and merchant in the metals and natural resources sectors – and Abenójar Tungsten (ABT) have signed a definitive, long-term... 


Piles of critical mineral ore
Nordic business alliance weighs expanding into critical minerals
2nd October 2026 By: Bloomberg

Nordic Compass, a competitiveness-focused business alliance, is considering branching out into critical raw materials to build up the region’s capacity to process minerals needed by European... 


US Trade Representative Jamieson Greer
US trade chief to consider trade deal tariff caps in excess capacity probe
30th September 2026 By: Reuters

US Trade Representative Jamieson Greer said on Tuesday that the Trump administration will take into consideration tariff caps negotiated in trade deals with countries as it weighs potential new... 


Carbon emissions silhouette
Canada to develop carbon removal market framework under Paris agreement
25th September 2026 By: Reuters

Canada is working to develop policies that will allow its domestic carbon removal companies to participate in international carbon markets, a move advocates say will help spur investment in new... 


Molten copper
Congo plans centralised mining investment agency under US deal, sources say
22nd September 2026 By: Reuters

Democratic Republic of Congo is preparing a one-stop agency for major mining investments as part of reforms linked to its minerals partnership with the US, aiming to cut red tape and attract more... 


French flag
Canada sees scope for France LNG partnership, Minister says
22nd September 2026 By: Reuters

Canada could pursue an energy partnership with France involving liquefied natural gas (LNG) from its Pacific coast, Canadian Foreign Minister Anita Anand said on Monday, a day after leaders of the... 


Hydrogen Council Co-Chair François Jackow.
Scale up hydrogen, global council urges amid growing energy security concerns
18th September 2026 By: Martin Creamer

The global Hydrogen Council is urging the world to scale up its hydrogen energy ecosystem at pace, which coincided with green hydrogen being declared integral to a new South African industrial... 


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pqt: 0.09s - ct: 0.139s - 276pq - 2rq
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