The raw material supply of the European Community : The importance of secondary raw materials

The availability and security of raw materials supply have taken on a new political dimension within the last few years. These issues influence the economic and political rank of nations, affecting their independence, their standards of living and the competitive position of their industries. The importance of raw materials supply will continue to grow, for both the developed industrial and the developing countries. The European Community depends on external sources for 50–100% of most of its raw materials. Although the degree of dependence varies considerably from commodity to commodity, sources are not diversified enough to guarantee supply. Yet 1700–2000 million tons of waste are generated annually in the Community, containing substances of potential value—including metals, glass, rubber, textiles, oil, plastics—of which 70– 80% are tipped. This represents a loss of materials as far as they could be reused economically. This article argues that efforts should be made to recover and reuse the maximum possible of these resources to reduce the Community's dependence on, and improve its security of, raw materials supplies, and to lower the balance of payments burden.