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Invisible Mining: Addressing EU Raw Material Challenges Through Technological Innovation

Author

Listed:
  • Correia Vitor

    (International Raw Materials Observatory, Brussels, Belgium.)

  • Falck Eberhard

    (International Raw Materials Observatory, Brussels, Belgium.)

  • Komac Marko

    (International Raw Materials Observatory, Brussels, Belgium.)

Abstract

This paper examines the challenges in implementing the EU’s raw materials policy, including conflicts between minerals extraction, Green Deal objectives, nature restoration targets and public opposition to mining projects. It explores innovative approaches such as invisible mining, enabled by advancements in robotics and miniaturisation, comprehensive and integrated resource recovery principles and materials-as-a-service business models, which can minimise environmental impacts and enhance social acceptability. The paper argues that successful implementation of the EU’s Critical Raw Materials Act requires a multifaceted approach, building on technological advances and encompassing policy harmonisation, socio-economic innovation and skills development. By adopting this comprehensive strategy, the EU can create a more sustainable and socially responsible mining industry, addressing the immediate need for critical raw materials while positioning itself as a global leader in responsible mining.

Suggested Citation

  • Correia Vitor & Falck Eberhard & Komac Marko, 2024. "Invisible Mining: Addressing EU Raw Material Challenges Through Technological Innovation," Intereconomics: Review of European Economic Policy, Sciendo, vol. 59(6), pages 344-351.
    • Handle: RePEc:vrs:intere:v:59:y:2024:i:6:p:344-351:n:1008
    DOI: 10.2478/ie-2024-0067
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    References listed on IDEAS

    as
    1. Peter Buchholz & Magnus Ericsson & Volker Steinbach, 2022. "Breakthrough technologies and innovations along the mineral raw materials supply chain — towards a sustainable and secure supply," Mineral Economics, Springer;Raw Materials Group (RMG);Luleå University of Technology, vol. 35(3), pages 345-347, December.
    2. Hámor-Vidó, Mária & Hámor, Tamás & Czirok, Lili, 2021. "Underground space, the legal governance of a critical resource in circular economy," Resources Policy, Elsevier, vol. 73(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    JEL classification:

    • O33 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights - - - Technological Change: Choices and Consequences; Diffusion Processes
    • Q30 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Nonrenewable Resources and Conservation - - - General
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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