Published on 11 July 2024 in Client Alerts

Volterra Fietta partner Robert G Volterra quoted in the Financial Times about international law and lithium mining

The EU Critical Raw Materials Act, effective since 23 May 2024, aims to diversify Europe’s supply of essential minerals needed for green and digital transitions.  It sets targets for the EU to achieve by 2030, including extracting 10% of its annual consumption of critical raw minerals within the EU, producing 40% in the EU, sourcing 25% through recycling, and ensuring no more than 65% of any mineral is imported from a single country.

Despite these ambitious goals, the EU faces challenges due to its currently limited lithium supply.  Europe accounts for just 0.1% of global lithium production, while the majority of refining occurs in China.  Projects like Savannah Resources’ lithium mine in Portugal and Green Lithium’s refinery in the UK are steps towards increasing domestic supply and reducing dependency on external sources.

On 4 June 2024, the Financial Times published an article on this topic, entitled Europe promises sustainable lithium, but production is years away.  Robert G Volterra, partner at Volterra Fietta, was interviewed by the Financial Times about international law related to lithium and rare earth mineral production.  He was quoted, in the article, emphasising the importance of transparency and adherence to human rights in the critical minerals supply chain.  He highlighted that while China has introduced voluntary due diligence guidelines to improve supply chain transparency, ensuring human rights should remain the responsibility of states rather than being outsourced to businesses.  He stressed that critical international law obligations, such as human rights protections, must not be privatised, with states acting as the ultimate protectors and guarantors. This perspective underscores the necessity for robust regulatory frameworks to support the ethical sourcing and processing of critical minerals.

For more information, contact info@volterrafietta.com.

More Client Alerts

| Client Alerts

Publication of Law Over Borders: Arbitration Guide, edited by Volterra Fietta Partners Ahmed Abdel-Hakam, Gunjan Sharma and Robert G Volterra

The second edition of the “Law over borders: Arbitration Guide” has been released by the publishers. The Guide is edited by Volterra Fietta Partners Robert G Volterra, Gunjan Sharma and Ahmed Abdel-Hakam.

Learn more

| Client Alerts

Revamping India’s Model Bilateral Investment Treaty

Nearly ten years after its 2015 Model Bilateral Investment Treaty was released, India is now set again to revamp its approach to bilateral investment treaties (“BITs”) – this time, in order better to attract and incentivise inbound foreign investment. 

Learn more

| Client Alerts

International Maritime Organization approves new net-zero regulations for global shipping

In April 2025, after nearly 10 years of negotiations, the International Maritime Organization (the “IMO”) approved new net-zero regulations for global shipping.

Learn more

| Client Alerts

Estonia, Finland, Latvia and Lithuania set to become first States to exit global land mines treaty

Between April and June 2025, the Parliaments of Estonia, Finland, Latvia and Lithuania each voted to approve their country’s exits from the 1997 Convention on the Prohibition of the Use, Stockpiling, Production and Transfer of Anti-Personnel Mines and on their Destruction (the “Ottawa Convention”).

Learn more
View all