00:00 It's fair to say that we lost our competitive edge in mining and in processing.
00:29 We are now clear that in the EU, we cannot replace fossil fuel dependencies with a raw
00:37 material one.
00:38 We have maybe too long considered that decarbonizing meant relocating outside of the EU.
01:07 And it was wrong.
01:11 So now, we need to change that.
01:14 It doesn't mean that we want to produce again everything in Europe.
01:19 Never.
01:20 We want just to engage into mutually reinforcing partnerships.
01:27 But we can only do this if Europe is a strong partner.
