Critical Raw Materials: How to Build a Fortress to Protect the New Treasures? - European Energy and Environmental Law Review View Critical Raw Materials: How to Build a Fortress to Protect the New Treasures? by - European Energy and Environmental Law Review Critical Raw Materials: How to Build a Fortress to Protect the New Treasures? 34 4

The accelerating green and digital transitions have dramatically increased the European Union’s (EU’s) demand for critical raw materials (CRMs), exposing the vulnerabilities of its external supply chains. In response, the EU adopted the Critical Raw Materials Act (CRMA), a far-reaching regulation aimed at strengthening domestic capacities and reducing strategic dependencies. While much attention has been given to the CMRA’s industrial and geopolitical ambitions, this article examines a less explored but crucial question: can the EU – or its Member States – lawfully restrict the export of domestically produced CRMs to preserve internal supply? Addressing this issue requires navigating complex tensions between the EU’s internal market freedoms and the imperative of strategic autonomy. The article assesses the legal basis for export restrictions under EU law, particularly in crisis scenarios, and considers how new instruments such as the Internal Market Emergency and Resilience Act (IMERA) may reshape the legal framework. In this context, joint procurement, strategic stockpiling, and coordinated industrial policy emerge as essential tools – but must be carefully designed to comply with EU competition rules. While the CRMA represents a significant step toward greater resilience, its success will depend on the EU’s ability to act cohesively – balancing legal constraints with urgent geopolitical and economic imperatives.

European Energy and Environmental Law Review