German industry starts raw materials alliance
[Wolfram halogen lamp][source]
Out of fear for coming raw material shortages the German industry starts an offensive to counter that threat organized by BASF, ThyssenKrupp and some ten other firms. In the coming 5-10 years investments are to be made in the order of one billion euros. The alliance will act in coordination with the federal government. Core materials of concern are: rare earths, wolfram and cokes.