FT: Brussels Will Create Stockpiles Of Important Minerals

The strategy aims to increase the EU's resilience to conflict and climate change.

Brussels intends to stockpile essential minerals and cable repair kits. The EU is concerned about the bloc's vulnerability to threats.

"The EU is facing an increasingly complex and deteriorating situation characterized by rising geopolitical tensions, including conflicts, increasing impacts of climate change, environmental degradation, and hybrid and cyber threats," says a draft European Commission document seen by Financial Times.

Member states should coordinate stockpiles of food, medicines and even nuclear fuel, the EU executive said. It would also speed up work to build up bloc-level stockpiles of cable repair modules "to ensure rapid recovery from power or optical cable failures," as well as rare-earth elements and permanent magnets, which are crucial for energy and defense systems.

It is worth noting that the bloc already has a fleet of planes and helicopters for firefighting, a medical evacuation plane and such as part of its emergency response to natural disasters.

It is also worth noting that as part of its response to natural disasters, the bloc already has a fleet of aircraft and helicopters for firefighting, a medical evacuation plane and such The document states that "there is limited common understanding of what essential commodities are required for crisis preparedness in a rapidly changing risk environment."

There will also be regularly updated lists of essential commodities tailored to each region and type of crisis.

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