![](https://wp-leadingedgematerials-2023.s3.ca-central-1.amazonaws.com/media/2021/09/EU-CRM-LIST-2020.jpg)
Critical raw materials are determined as such by the European Union based on their economic importance and supply risk.
They are directly linked to high growth technologies such as lithium-ion batteries and permanent magnets for electric motors and wind power that underpin the sustainable transition of society.
![](https://wp-leadingedgematerials-2023.s3.ca-central-1.amazonaws.com/media/2020/11/Illustration_Supply-Risk_v6-source.png)
![](https://wp-leadingedgematerials-2023.s3.ca-central-1.amazonaws.com/media/2021/06/Illustration_lem_map_v4.png)