Brussels, July 5 -- The European Union intends to create stockpiles of critical minerals and components for repairing cables in case of emergencies attributed to increased fears of war reaching the rest of Europe.
"The EU faces an increasingly complex and deteriorating risk landscape marked by rising geopolitical tensions, including conflict, the mounting impacts of climate change, environmental degradation, and hybrid and cyber threats," reports the Financial Times citing a draft document of the European Commission.
Within the framework of the document the EU also intends to accelerate its work on creation of permanent magnets on the level of the Union.
Moreover, members-states of the bloc must co-ordinate in arranging backup sup...