Day 1 mapped Europe's raw materials architecture — the CRMA benchmarks, RESourceEU's €3 billion commitment, strategic partnerships, and the defence imperative. Day 2 opens with the harder question: what does it actually take to anchor that value here? With CBAM fully live since January, new steel safeguards agreed, the Circular Economy Act in active design for later in 2026, and the first CRMA list review due May 2027, this is the year Europe's strategic intent meets industrial reality — and the year it decides whether the value generated along its materials chain ends up on the continent or somewhere else.

This opening dialogue convenes the three perspectives that have to connect for that value to stick. From Outokumpu — the CFO of Europe's only domestic chrome producer, scaling proprietary technology up the chromium value ladder into aerospace, defence, and energy. From Euromines — the industry association sitting at the intersection of trade, carbon, permitting, and circularity as the policy architecture is rewritten around it. From the European Commission — the Head of Cabinet shaping the Circular Economy Act, the instrument designed to make Europe's secondary materials a source of competitiveness, not just compliance.

Three lenses, one working question: where do industry and policy need to connect — and where do they need to hold each other to account — for Europe's raw materials value chain to anchor, scale, and compete?