A recent report from the European Commission on “Tackling the Challenges in Commodity Markets and on Raw Materials” describes a variety of tactics including (a) increasing transparency across the supply chain and coordination with partners to monitor use of mining funds for wars, (b) assist mining in Africa, (c) Urban mining or recycling from urban waste.  However, the details of regulation and enforcement are the responsibility of individual member states.   What is missing from this report is any focus on European stockpiles of rare earths or other minerals that are important for emerging alternate energy industries. Should governments focus on solving such industry “externalities” ? Or should anti-trust rules be relaxed for these materials to permit trade groups to consolidate procurement, like a co-op would, but restricted to small volume but key commodities ?