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Another step closer to mining: Eurobattery Minerals submits necessary information for the Environmental and Operating Permit for Spanish Corcel project

·3-min read

DGAP-News: Eurobattery Minerals AB / Key word(s): Miscellaneous/Sustainability
Another step closer to mining: Eurobattery Minerals submits necessary information for the Environmental and Operating Permit for Spanish Corcel project
30.08.2022 / 07:35 CET/CEST
The issuer is solely responsible for the content of this announcement.

Another step closer to mining: Eurobattery Minerals submits necessary information for the Environmental and Operating Permit for Spanish Corcel project  

Stockholm, 30 August 2022 – The mining company Eurobattery Minerals AB (Nordic Growth Market: BAT and Börse Stuttgart: EBM; in short: “EBM”, “Eurobattery” or “the Company”) today announces that it has submitted the necessary document to the Energy & Mining Service of La Coruña, Spain, to complete the Environmental Impact Statement and the Operating Permit for its Spanish battery mineral project Corcel.

The nickel-cobalt-copper mine in northern Spain will be instrumental in delivering responsibly mined raw material needed for a clean transition of the electric vehicle and energy industry. Due to their scarcity and as a result of the increased demand in recent years, these are recourses declared strategic by the European Union. At Eurobattery Minerals, we are committed to responding to European policymakers and businesses with battery minerals mined in Europe”, said Roberto García Martínez, CEO of Eurobattery Minerals.

More information about the documents submitted

Completion of the Environmental Impact Statement and the Operating Permit is fundamental for the start of mining operations in Corcel. In order to obtain these permits, Eurobattery Minerals has now submitted the Exploitation Project (1), the Environmental Impact Study (2), and the Restoration Plan (3) to the local authorities.

  • The Exploitation Project (1) justifies that the Ni-Co-Cu resources within the Corcel project allow for developing a technically and economically viable mining project.

  • The Environmental Impact Study (2) analyses the current state of the area where the project will be developed and identifies the possible impacts of the mining project’s implementation on the environment.

  • Based on the Environmental Study, the proposed Restoration Plan (3) will be designed for the area’s environmental and landscape integration and ecological improvement. The Restoration Plan justifies that the development of the Corcel mining project adds value to a resource declared as strategic by the European Union due to its scarcity and increased demand in recent years. Furthermore, the development of the Corcel mine is contributing to the “ecological transition” and decarbonisation. It allows the development of an economic activity that generates wealth and employment and positively impacts the area where the project will be implemented.

About the Corcel project

The Corcel project compromises three different deposits (Castriz, Monte Mayor and Monte Castello) and is located on a large Ni-Co-Cu deposit in the northeast of Spain. Based on results from several recent drilling campaigns and independent reports, Eurobattery Minerals aims to produce minerals for a few million car batteries with a capacity of 60 kWh from the Corcel project in the future.

About Eurobattery Minerals

Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market (BAT) and German Börse Stuttgart (EBM). With the vision to make Europe self-sufficient in responsibly mined battery minerals, the company’s focus is to realize numerous nickel-cobalt-copper projects in Europe to supply critical raw materials and, as such, power a cleaner world.

Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn and Twitter as well.

 

Contact Eurobattery Minerals AB

Roberto García Martínez – CEO

E-mail: info@eurobatteryminerals.com

 

Contact Investor Relations

Linda Lenz

Phone: +49 (0) 172 834 18 92

E-mail: ir@eurobatteryminerals.com

 

Mentor

Augment Partners AB is the mentor to Eurobattery Minerals AB: Phone: +46 (0) 86 042 255, e-mail: info@augment.se

 


30.08.2022 CET/CEST Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG.
The issuer is solely responsible for the content of this announcement.

The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases.
Archive at www.dgap.de

Language:

English

Company:

Eurobattery Minerals AB

114 56 Stockholm

Sweden

Phone:

+49 151 6568 0361

E-mail:

info@eurobatteryminerals.com

Internet:

www.eurobatteryminerals.com

EQS News ID:

1429149


 

End of News

DGAP News Service

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