Feb 13 β€’ 06:13 UTC πŸ‡¬πŸ‡· Greece Naftemporiki

Evangelos Mytilinaios: We need metals produced in Europe – Proposals and new initiatives

Evangelos Mytilinaios emphasizes the necessity for Europe to produce its own metals to ensure energy and digital security.

Evangelos Mytilinaios, in his capacity as president of European Metals, highlighted the critical importance of European metallurgy for the continent's economy. He advocated for sourcing metals locally, arguing that European non-ferrous metals are essential for energy transition, digitalization, and security issues that are becoming increasingly pressing. Mytilinaios pointed out that relying on metals produced outside Europe undermines efforts in energy security, cybersecurity, and defense. He stressed that materials used in technologies crucial for these areas should be sourced within Europe to ensure true security solutions.

In addition to advocating for local production, Mytilinaios called for immediate actions to alleviate high energy costs that hinder metal production. He pointed out that Europe cannot achieve its ambitions in energy independence and technological advancement without reducing energy expenses significantly. His remarks indicate a pressing need for policy changes that support the metallurgy sector, including incentives that can help local producers thrive amidst global competition and rising energy costs.

Mytilinaios’s statements come at a time when Europe is grappling with energy shortages and security concerns due to geopolitical tensions. His calls for a more self-sufficient approach in metal production could shape future discussions among policymakers and industry leaders, potentially leading to initiatives that aim to bolster European industrial capabilities and reduce reliance on foreign imports, thereby enhancing the continent's strategic security and economic resilience.

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