Kuala Lampur, April 22 -- The circular economy is gaining traction worldwide. This is driven by global concerns on climate and material shortages. New rulings on decarbonisation call for the adoption of effective emission reduction practices in businesses. But a bigger concern relates to the security of supply of the materials that feed the global economy. There are signs of key materials reaching the limits. For businesses these days, having resilient supply chains is more critical than efficiency. The EU is among those treating circularity as a matter of urgency.

The EU's Critical Raw Materials Act (CRMA) is a bold and necessary response to a stark geopolitical reality: Europe's green and digital transitions depend on materials it larg...