This section provides comprehensive information on the latest policies, regulations, and strategies impacting the nickel industry.
Stay informed about these developments, better navigate the complex regulatory landscape, ensure compliance, and capitalise on opportunities for sustainable growth and innovation!
The Circular Economy Action Plan aims to transform the EU’s economy into a more sustainable and circular model. It emphasises reducing waste, promoting resource efficiency, and fostering recycling and reuse. This plan is crucial for the nickel industry, as it encourages sustainable practices and the recovery of valuable materials, including nickel, from end-of-life products.
The Green Deal Industrial Plan for the Net-Zero Age outlines the EU’s strategy to achieve a climate-neutral economy by 2050. It focuses on boosting the production and use of clean technologies, ensuring a sustainable supply of critical raw materials like nickel, and supporting industrial decarbonisation.
The European Critical Raw Materials Act seeks to secure a sustainable and resilient supply of critical raw materials, including nickel, essential for various high-tech industries and green technologies. This act addresses supply chain risks and promotes sustainable sourcing and recycling, directly impacting the nickel market and its stakeholders.
The Chemicals Strategy for Sustainability aims to create a toxic-free environment by promoting safer and more sustainable chemicals. It includes measures to phase out harmful substances and enhance the safety of chemicals used in the EU. For the nickel industry, this strategy underscores the importance of sustainable and safe chemical management throughout the supply chain.
The Safe and Sustainable by Design Framework promotes the development of products that are safe, sustainable, and circular by design. This framework encourages innovation in the nickel industry to create products that minimise environmental impact and enhance recyclability, aligning with broader sustainability goals.
Europe’s Digital Decade sets ambitious targets for digital transformation by 2030, including enhancing digital skills, infrastructure, and technologies. For the nickel industry, this digital push can drive advancements in mining and processing technologies, improving efficiency and sustainability.
The Ecodesign for Sustainable Products Regulation aims to ensure that products placed on the EU market are designed with sustainability in mind. It includes requirements for durability, reparability, and recyclability.
This regulation establishes a framework to facilitate sustainable investment, providing clarity on what constitutes sustainable economic activities, and it offers guidelines on aligning investments with sustainability goals, supporting the transition to a greener economy.