The major challenges facing the European industry, especially in the non-ferrous metals sector, a sector that forms the backbone of the energy and digital transition, but also of Europe’s defense armour, he points out in an article in Euractiv, Evangelos Mytilineos, president and CEO of METLEN Energy & Metals and president of Eurometaux.

At the same time, it underlines the need for immediate political actions that will reduce energy costs and strengthen Europe’s strategic autonomy, such as the Green Pool and the simplification of procedures for PPAs.

Mr. Mytilineos points out that the energy crisis has led to closure of 15 aluminum industrial unitssilicon and zinc in Europe, stressing that unless immediate action is taken, Europe will continue to lose critical industries.

It also refers to the need for financial support to achieve the objectives of the European Critical Raw Materials Act (CRMA), such as the creation of new mines and recycling facilities, as well as the adoption of a Sovereignty Fund that will support strategic projects.

The article concludes with the expectation that the new European Commission will immediately promote the “Clean Industry Act”, providing substantial support to European businesses and workers.