Local view for "http://purl.org/linkedpolitics/eu/plenary/2011-03-08-Speech-2-743-000"
| Predicate | Value (sorted: default) |
|---|---|
| rdf:type | |
| dcterms:Date | |
| dcterms:Is Part Of | |
| dcterms:Language | |
| lpv:document identification number |
"en.20110308.31.2-743-000"2
|
| lpv:hasSubsequent | |
| lpv:speaker | |
| lpv:spokenAs | |
| lpv:translated text |
"Madam President, rare earth elements are of decisive importance for hundreds of technological solutions. They are therefore an essential factor in continued technological progress and greater innovation in the European Union. The fact that they are used so widely means that demand has increased, while opportunities for increasing the amounts extracted are growing rarer.
At present, 124 000 tonnes of rare earth elements are extracted annually worldwide, and demand for them will grow by as much as 50% by 2012. Around 97% of the global supply is extracted in China, which is crucially important, since China has been reducing extraction and exports since 2006. In August, it announced that it would be reducing exports by over 50% and creating strategic reserves. What is more, many companies extracting rare earth elements in other parts of the world are, in fact, Chinese-owned. The take-over of a rare earth elements mine by a Chinese mining company was recently blocked in Australia. This is a very serious problem relating to the monopoly on the extraction of these raw materials. We must do everything in our power to prevent any risks in connection with this key economic sector, which guarantees Europe’s growth and future."@en1
|
| lpv:videoURI |
Named graphs describing this resource:
The resource appears as object in 2 triples