Critical Raw Materials Study on Existing and Possible Value Chains between EU and Canada
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Year(s): 2022
Client: CESO International Origin of funding: European Union Sector(s): Critical raw materials (magnesium, nickel, graphite, lithium, REE, and Cobalt), e-mobility, renewable energy, energy-intensive industries Country(s): Canada, European Union |
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Kisserup conducted a comprehensive research project on six key Critical Raw Materials (CRM) (Magnesium, Nickel, Graphite, Lithium, REE, and Cobalt) and three sectors (e-mobility, renewable energy, and energy-intensive industries) for CESO.
The overall purpose of the project was to contribute to the implementation of the integration of Canada-EU raw material value chains through developing the knowledge base accessible to the European Commission (DG Growth) on the industry, existing and possible value chains between EU and Canada, and by presenting options for further engagement with these industries. Furthermore, it intends to support the cooperation and strengthen the value chain for Critical Raw Materials (CRM) between the European Union and Canada under strategic Partnerships. Consultations included a total of 256 stakeholders.
The research study mapped the supply side of the six CRMs in Canada to better understand which of companies’ products are accessing EU markets (or not) and find the strengths and weaknesses of the present flow of products. The research study mapped the demand side, downstream EU companies and the CRMs they require. The research findings were compiled in a “CRM Study”, that included the following:
The scope of the research included the development of a document on Diagnosis on Existing Challenges Related to an Increase of the Selected CRMs Sourcing by EU companies from Canada focusing and also a Strategic Looking-Forward Document that identified areas with potential for further cooperation along the studied value chains and where (additional) support is required, propose ideas for future activities incentivizing EU businesses to use Canadian CRMs, develop strategies and tactics targeting sectors and businesses using the Studied CRMs with the purpose of raising awareness of business opportunities in Canada and influencing the risk-benefit calculations of stakeholders, and options to promote EU-Canada business engagement supporting creation/growth of EU/Canada supply chains.
The overall purpose of the project was to contribute to the implementation of the integration of Canada-EU raw material value chains through developing the knowledge base accessible to the European Commission (DG Growth) on the industry, existing and possible value chains between EU and Canada, and by presenting options for further engagement with these industries. Furthermore, it intends to support the cooperation and strengthen the value chain for Critical Raw Materials (CRM) between the European Union and Canada under strategic Partnerships. Consultations included a total of 256 stakeholders.
The research study mapped the supply side of the six CRMs in Canada to better understand which of companies’ products are accessing EU markets (or not) and find the strengths and weaknesses of the present flow of products. The research study mapped the demand side, downstream EU companies and the CRMs they require. The research findings were compiled in a “CRM Study”, that included the following:
- Mapping of suppy and demand side (trade data analysis)
- Mapping of Industry (supply and demand side, sector based)
- Challenge Review Study
- Looking Forward Document
- Proposed Stakeholder Engagement Strategy
- Compiled Version of the Study on Critical Raw Materials
The scope of the research included the development of a document on Diagnosis on Existing Challenges Related to an Increase of the Selected CRMs Sourcing by EU companies from Canada focusing and also a Strategic Looking-Forward Document that identified areas with potential for further cooperation along the studied value chains and where (additional) support is required, propose ideas for future activities incentivizing EU businesses to use Canadian CRMs, develop strategies and tactics targeting sectors and businesses using the Studied CRMs with the purpose of raising awareness of business opportunities in Canada and influencing the risk-benefit calculations of stakeholders, and options to promote EU-Canada business engagement supporting creation/growth of EU/Canada supply chains.