EU Set To Launch Critical Minerals Joint Buying Platform ...Middle East

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EU Set To Launch Critical Minerals Joint Buying Platform
source : OILPRICE ( Middle East ) () 79
The European Union has kicked off the process of choosing between eight bidders that supply its 9-million-euro joint purchasing platform for critical minerals and energy, Reuters has reported. The bloc mooted the idea of pooling together buying orders in a bid to achieve more favorable deals and prices for critical minerals shortly after Russia invaded Ukraine in 2022. The EU aims to finalize a contract by the end of the year, following which it will develop sections of the platform for individual products early next year. It’s not yet clear…

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