New basic substances group in IMDS: Critical raw materials

IMDS

Critical Raw Materials (CRM) refers to a new group of basic substances in the IMDS and these will have to be reported from 2022 onwards. The term summarizes raw materials that are of great importance to the EU economy and for which there is a high risk associated with their supply. They are needed for modern and clean technologies and the EU is dependent on individual countries of origin as well as global supply chains. Therefore, in line with the EU’s Circular Economy Action Plan and the Green Deal, one goal is to identify and recycle or reuse these raw materials in all products. The European Commission has established a list of Critical Raw Materials (CRM) for the EU, which is regularly reviewed and updated.

The list, last updated in 2020, includes 30 raw materials, including bauxite, lithium, titanium and strontium. For more information and the full list, visit the European Commission’s website.