January 2025
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1 Citation
SSRN Electronic Journal
Every three years, the European Commission publishes a list of critical raw materials (CRMs), to guide efforts in improving supply chain resilience, including intra-EU extraction and increased material recovery. However, increasing recovery rates for all 34 CRMs across the EU is unfeasible in the short term. To address this challenge, this paper proposes a pragmatic, demand-driven methodology for prioritizing CRM recovery, focusing on actionable and broadly applicable criteria. Unlike traditional approaches based on waste supply or future consumer demand, this methodology includes current industrial demand for primary CRMs that could be replaced by secondary CRMs. This creates a market pull for secondary CRMs, increasing economic viability of recovery efforts. As a first step, CRMs are assessed for recycling feasibility and industrial demand. The result is a selection of CRMs emerging as potential targets to increase recovery. In a second step, put-on-market data for product categories of interest is combined with composition data of the selected CRMs, as researched in the FutuRaM project, to identify future urban mining potential. This approach ensures that waste policies and recovery strategies are driven by industrial needs, encouraging CRM-specific recycling technologies, product-specific collection schemes, and efficient urban mining aligned with market priorities.