The bloc plans to grow its icebreaker vessel capacity, and strengthen its Arctic satellite monitoring and data sharing to improve climate predictions and boost maritime security.
This attack mirrors a similar incident in the U.S. in August, when connected fridges and freezers at a dozen military commissaries were hacked, causing massive food loss.
VaultCo is in discussions with more than 70 firms across both the supply and demand sides of the critical minerals market to participate in the initiative.