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EU Watchdog Radio

At What Cost? The EU’s Race for Critical Raw Materials in the Global South

EU Watchdog Radio

Corporate Europe Observatory and Counter Balance

News, Politics

51 Ratings

🗓️ 27 November 2025

⏱️ 19 minutes

🧾️ Download transcript

Summary

In this episode, Isabela Franco and Lora Verheecke from Counter Balance unpack the EU’s growing push for critical raw materials and its implications for the Global South. They discuss the Global Gateway, the Critical Raw Materials Act, the use of public funds to “de-risk” private investments and the lack of meaningful participation for impacted communities and Indigenous people. A concise and critical look at how Europe’s green, digital and defence ambitions risk reinforcing extractivist and neocolonial models.

Transcript

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0:00.0

Hello and welcome. I'm Isabella Franco from Counterbalance and you are listened to

0:05.8

EU Watchdog Radio. In today's episode, I'm talking to my colleague Laura Verhek,

0:12.9

poly-selstered counterbalance about the global gateway and the EU growing push for critical raw

0:19.0

materials in the global south.

0:28.0

Raw materials are natural resources extracted from the earth and use it to make a wide range of products, from electronics to cars. The European Union classifies 34 of these as critical raw

0:35.0

materials, or CRM, because they are used in technologies linked to the

0:41.0

green and digital transition and also in the defense sector. So, for example, Cooper and

0:47.1

aluminum are found in batteries, white turbines and solar panels, while graphite is used in the defense sector, including in ammunition,

0:57.0

barrel tanks and fighter aircrafts.

1:00.4

But the extraction of raw materials is not a clean business.

1:04.4

We are talking about vast areas of land being sacrificed, no longer able to be used for living, growing food or raising cattle.

1:15.8

So people get displaced when mines are open. Running a mine requires a lot of energy and this means

1:23.5

either using fossil fuels or dams to run a mine. And last, but not least, to extract a specific material from the land, you need chemicals,

1:33.3

which will separate the material you want from the soil.

1:37.3

And mines do create a lot of toxic waste.

1:40.3

And let's be honest, mining companies do not always clean the water of extraction.

1:46.5

In today's episode, we will unpack how Europe is securing access to raw materials

1:52.3

for its green and digital transition, growing geopolitical influence and defense ambitions,

1:59.2

often at the expense of the global self.

2:02.5

What's been from it as sustainability and win-win partnerships may in practice

2:08.8

look a lot more like green neocolonialisms and even deeper inequalities inside and between countries.

2:17.1

Let's get into it.

...

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