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05 Feb

Germany to invest €1 billion on raw materials: report

The German government is expected to announce an investment of nearly €1 billion ($1.1 billion) in raw materials this week, in a move to reduce dependency on critical material producers such as China. To be financed through the German state-owned KfW development bank, the funds will support a range of projects, including in extraction, processing and recycling materials, Bloomberg reported citing sources familiar with the matter. The grant would follow a comp…
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