Despite many efforts in EU projects like MICA, PROSUM, Minerals4EU, DESIRE and others, the European Union (EU) lacks a comprehensive, consistent and balanced supply chain and stock-flow materials database for many materials, let alone one compatible with economic statistics like input-output tables. Such a data system is essential for the type of long-term strategic materials management and industry investment decisions that the EU wants to support.

The PANORAMA project aims at building a comprehensive Material Stock and Flow Database to support decision-making on materials by industry and governments in the EU. This will be done through integration, gap filling and reconciliation of the best databases to a balanced system with the most experienced EU players available. The result will be a web-based information service system that will support the Raw Materials Information System (RMIS) of the Joint Research Centre of the European Commission (EC-JRC) and the European Geological Data Infrastructure (EGDI).