The “Idea Factory” collaborative workshop should stimulate innovative thinking and collective brainstorming around future scenarios related to critical raw materials. The aim is to inform and shape our understanding of the interactions between raw materials and (geo-)politics, society, technology, environment, etc. and vice versa, and develop many-faceted mid-century scenarios.

This event will focus on good practices for the exploration of raw materials, public exploration programmes and how can they contribute to stimulate investments in exploration in support of the CRM Act. Speakers will answer questions such as: What is the status of mineral exploration programmes in their country? How can the public exploration programmes be improved? What is the best approach to use exploration results to attract and de-risk private investments?

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The event is organized in partnership with the EU funded project Africa MaVal.

The event will gather representatives from the European Union, some of its strategic partners, financial institutions and the private sector. It will create a space for dialogue to identify practical ways of supporting the ambitions to promote investments in Africa, develop processing capacities and derive value locally from Africa’s natural resources. The event will showcase opportunities for building EU-Africa sustainable raw materials value chains and will explore the available tools to establish such partnership, including the sustainable finance mechanisms made available under the EU’s Global Gateway strategy.

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To realize the green and digital transition, Europe needs to secure resilient and sustainable raw material value chains. The Strategic Research and Innovation Agenda (SRIA) within the Partnership on Raw Materials aims to highlight the important advances within technical and social innovation that are needed to reach the ambitious goals of the European Union. The SRIA process is chaired by ERA-MIN and co-created with the research and innovation community.

Through a series of workshops, actors within the system have been able to present their view on the challenges and give concrete input to different parts of the agenda. This workshop aims to give feedback to the actions and key performance indicators of the Partnership. The session will start with a series of presentations on the background to the initiative, as well as the process so far. The second part invites participants to actively join in the co-creation process through a physical workshop focused on the actions and implementation of the potential Partnership.

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The event is co-organised with SUSMAGPRO project, ERMA and REIA. The session will cover good practices in smart regulations to establish a sustainable Circular Economy of rare earths, investment in the rare earths magnets value chain, and securing and diversifying supply of rare earths.

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