Energy Transition Minerals has secured the final regional approval needed to take over the Penouta tin, tantalum and niobium mine in Galicia, Spain, moving a step closer to making it the European Union's only domestic primary source of two critical raw materials that Europe currently imports almost entirely from overseas
The Xunta de Galicia has authorised the transfer of the Section C mining concession at the Penouta mine in Viana do Bolo, Ourense, to ETM's Spanish subsidiary, formally recognising the company as the incoming holder of mining rights The approval is the final regional step in ETM's rescue of the project from the insolvency of previous operator Strategic Minerals Spain, which collapsed in 2024 and halted production
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Source and Credit: mining.com
