Industrial Policy is one of the seven flagship initiatives of the Europe 2020 strategy. Its objectives are set out in the Communication on “an integrated industrial policy for the globalization era” (COM(2010) 614) which aims at “supporting a strong, diversified and competitive industrial base in Europe that offers well-paid jobs while generating less CO2 and using resources more efficiently”. In other words, the “integrated” industrial policy encompasses a full range of policy aspects having an impact on the competitiveness of the industry along the whole value chain, from trade to energy.
RAW MATERIALS STRATEGY
Following the adoption of the Communication, the Commission adopted key measures towards implementation. Directly affecting the industrial minerals industry was the review of the Communication on the Raw Materials Initiative issued in 2008.
REVIEW OF THE INDUSTRIAL POLICY COMMUNICATION
The original industrial policy communication adopted in October 2010 was reviewed in 2012.
In responding to the consultation on this issue, the Industrial Minerals industry indicated as the three key most important policy-related factors for the competitiveness of European businesses:
- Better and more consistent regulation
- Energy infrastructure and prices
- Access to raw materials and raw materials prices
Also, environmental regulations, resource efficiency including recycling, energy and climate policies, were identified as key for the extractive industry.
UPDATED INDUSTRIAL POLICY COMMUNICATION
On 10 October 2012, the Commission adopted an Update of the Industrial Policy flagship initiative – "A Stronger European Industry for Growth and Economic Recovery" (COM(2012) 582).