List of critical raw materials
Article 4
1. The raw materials, including in unprocessed form, at any stage of processing and when occurring as a by-product of other extraction, processing or recycling processes, listed in Annex II, Section 1, shall be considered to be critical raw materials. 2. The Commission is empowered to adopt delegated acts in accordance with Article 38 to amend Annex II, Section 1, in order to update the list of critical raw materials. An updated list of critical raw materials shall include the strategic raw materials listed in Annex I, Section 1, as well as any other raw material that reaches or exceeds the threshold of 1 for supply risk and 2,8 for economic importance. Economic importance and supply risk shall be calculated in accordance with Annex II, Section 2. 3. By 24 May 2027 and at least every three years thereafter the Commission shall review and, if necessary, update the list of critical raw materials in accordance with paragraph 2.