“Successful implementation of the green and digital transition must be based on raw materials extracted in a sustainable manner that is consistent with environmental, social and governance standards, which translates into their price. In our opinion, a key element of the new regulations should be the creation of a strategic reserve of raw materials, the deposits of which are available in member states, and their exploration will be a guarantee of European autonomy and security of supply,” Jarosław Kluczniok, Vice-President of the JSW Management Board for Development and chairman of the Critical Raw Materials Alliance in Brussels, said in the discussion.
This is important because in addition to producing the raw material necessary for steelmaking, JSW is also a supplier of coke-oven tar, which is the basis for the production of synthetic graphite for such value chains as batteries, electrodes and carbon fibers.