France launches new critical metals initiative

The French government has started a new initiative aimed at promoting the extraction, processing, and recycling of critical metals as part of its France 2030 investment program. This third edition of the "Critical Metals" call for projects opened on October 30, 2026, and invites companies to submit proposals by February 23, 2027.

Focus on strategic and environmental goals

The initiative emphasizes the need for innovative investments that can rapidly expand within France. It is structured around three main goals: securing strategic value chains, reducing reliance on suppliers outside Europe, and minimizing the environmental impact of supported activities.

Dual applications for various sectors

The call covers a wide range of industrial activities, including those related to energy transition, aviation, and civil or defense technologies. This indicates that the scope of the initiative extends beyond just energy-related equipment to include a broader range of strategic materials.

Detailed guidelines needed for applications

While the government has set a deadline for applications, specific details about eligibility, allowable expenses, and application procedures are not provided in the communiqué. Interested parties are directed to review the full tender specifications on Bpifrance's website for comprehensive information.

No specific funding or timelines announced

The announcement does not specify the budget allocated for this third edition of the call or the number of projects expected to be funded. The 54 billion euros mentioned in the France 2030 program refers to the overall investment plan, not a dedicated budget for this particular call.

Officials highlight national security and sustainability

The initiative was announced by key officials, including Sébastien Martin, the minister in charge of Industry, and Mathieu Lefèvre, the minister for Ecological Transition. The initiative is part of France’s broader strategy to secure supply chains through domestic capacity, international partnerships, and risk monitoring.