The green transition - with its focus on renewable energy such as wind power - and our increasingly digitalized society are leading to a higher demand for a variety of minerals, such as lithium, cobalt, copper, nickel, aluminium, and phosphorus. In this light, 16 March 2023 was an important date. On that day, the European Commission published a proposal for a regulation to ensure a secure and sustainable supply of so-called critical raw materials (CRMs). The proposed regulation is an important piece of the puzzle for the transition in Europe. At the same time, we see major risks of collision with a directive, which could slow down the development of the sustainable society of the future.
Foyen has represented Zparq AB in connection with a 2.5 million euro seed round led by the Spanish bank Santander and Almi Invest Green Tech, together with current investor InnoEnergy.
Every year, Legal 500 carries out a ranking of the world’s leading lawyers and law firms. The London-based rankings institute is recognized as one of the world’s largest legal guides, the basis of which consists of over 300,000 interviews based exclusively on merit.
On 16 March 2023, the EU Commission published its proposal for a new Regulation establishing a framework for ensuring a secure and sustainable supply of critical raw materials (the Regulation).
Foyen advises KIC InnoEnergy SE and the founders in connection with the sale of SCiBreak AB to Mitsubishi Electric Corporation.
As a consequence of the Government's adoption of the Producer Responsibility for Packaging Regulation (2022:1274), extended producer responsibility for waste management of packaging will enter into force on 1 January 2023. The aim of the regulation is to reduce the amount of packaging, limit the harmful environmental impact of packaging, reduce litter, and achieve recycling targets. The regulation is aimed at ensuring that packaging waste is handled acceptably from health and environmental perspectives, and that the producers assume operational or financial responsibility for collecting and treating packaging waste.
Getting the Deal Through is an international publication collaborating with many of the world’s leading lawyers and law firms. The different sections are written by experts in each area and jurisdiction. Foyen is the proud co-author of the global legal guide to mining.
