Business Diplomacy Today Podcast

Business Diplomacy Today addresses contemporary international relations and geopolitics, looking at the issues from a business perspective. It helps business leaders anticipate changing political and societal trends, build and leverage political networks and take a proactive stake in societal and political matters that influence their business environment.

Episode #017: The EU Critical Raw Materials Act

In episode 17 of Business Diplomacy Today, Matthias Catón is joined by Ludivine Wouters, Managing Partner of Latitude Five, an investment and advisory firm operating in emerging markets. Ludivine shares her expertise in the metals and mining industry, specifically concerning the EU Critical Raw Materials Act (CRM Act).

Matthias and Ludivine explore the EU’s approach to critical materials and the attempt to stimulate private sector action through strategic partnerships and market-driven initiatives.

Their conversation contextualizes these theories globally, calling at the US approach of incentivizing electric vehicle and battery production, the Chinese transactional approach, Saudi Arabia’s sovereign fund, and Japan’s value chain investments. Ludivine and Matthias further navigate the complexities of the EU’s CRM Act in relation to the need to increase investment in critical materials, the importance of responsible sourcing, and the recognition that “minerals at any cost” is no longer an acceptable thought.

As we become more and more conscious of our supply chains and responsible sourcing, this episode is a must-listen to gain valuable insights into the critical raw materials landscape and its impact on businesses.