Opinion
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Raw materials

Published on: 16. September 2025

Benedikt Herles is Head of KPMG’s Geopolitics & Defense Competence Center.

Europe is almost completely dependent on China for rare earths. New export controls are exacerbating supply bottlenecks, especially for SMEs. To secure supplies, the risks need to be actively managed along the entire supply chain.

Last updated: 16. September 2025