Netherlands pushing millions into better access to rare raw materials
The Netherlands is stepping up efforts to secure vital raw materials for its industries, with millions earmarked for increased imports of key resources. Invest International, the government-backed investment fund, is launching a new initiative and deepening partnerships with major suppliers, including Australia, Canada, and Chile.
The move comes as demand for critical materials like lithium, cobalt, nickel, and copper surges, driven by the need for electric vehicle batteries, wind turbine magnets, and green hydrogen production. Minister Liesje Schreinemacher (Foreign Trade and Development Cooperation) is in Toronto this week to strengthen ties at a major raw materials and minerals conference.
Rising global prices and geopolitical tensions—particularly European sanctions on Russia following its invasion of Ukraine—have intensified the urgency of securing alternative suppliers. The Dutch government aims to reduce dependence on volatile sources and ensure a steady supply for high-tech sectors, including semiconductor manufacturing, which relies on materials such as copper, silicon, gallium, and indium.
Lara Muller, director of new ventures at Invest International, emphasized the importance of collaboration with research institutions like TNO. “We must work alongside like-minded nations to guarantee access to critical raw materials and bolster industrial competitiveness,” she said. “With its strong logistics network and the Port of Rotterdam as a key European gateway, the Netherlands plays a crucial role in the supply chain.”
Beyond sourcing new suppliers, the initiative will also focus on recycling and more efficient material usage. The government is exploring expanded cooperation with South Africa and Vietnam while engaging banks and pension funds to help finance production efforts.
