Evangelos Mytilineos, the president of European Metals, has called for a renewed focus on European metallurgy, asserting its vital role in addressing the EU's energy transition and industrial security needs. He highlighted that reliance on metals from outside Europe, such as aluminium from China and copper from India, undermines the integrity of European energy and digital security. Mytilineos pointed out that true energy and cybersecurity can only be ensured when the foundational materials are sourced locally, stating that imported metals cannot contribute to securing European strategic interests.

In his remarks, Mytilineos stressed that immediate action is required to alleviate the financial pressures arising from high energy costs that impact the metallurgy sector. He criticized the existing Clean Industrial State Aid Framework (CISAF) for being counterproductive, noting that its stringent conditions hinder effective support by limiting eligibility to only self-produced clean energy. This, he argues, undermines the potential for metal producers to thrive and innovate while contributing to the energy transition goals established by the EU.

The implications of Mytilineos' statements are significant for policymakers, as they highlight the need for a strategic reevaluation of energy sourcing and industrial support mechanisms within the EU. Emphasizing local production, he advocates for adjustments in regulation and funding that would allow European metallurgy to flourish, promoting not only economic growth but also fortifying EU security on multiple fronts. His insights encourage a fruitful discussion about how Europe can secure its industrial future amidst rising global competition and resource dependencies.