Eurobattery Minerals begins working in the mine at the San Juan Tungsten Project in Galicia
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Stockholm, 11 August 2025 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “BAT” and Börse Stuttgart: “EBM”; in short: “Eurobattery Minerals” or the “Company”) today communicates that its Spanish subsidiary Tungsten San Juan S.L. (“TSJ”) has started the work in the open pit mine at the wolfram project San Juan in Galicia, Spain. This work is in line with our investment strategy and is the first step in the process to start wolfram production by the end of 2026. TSJ has engaged a local, experienced contractor from the Ourense region to perform the earth movements in the mine. With previous experience in mining projects, the local company complies with the strictest occupational health, safety, and environmental regulations. “As part of our local content policy, we are committed to hiring regional service providers and contractors whenever possible, ensuring that the San Juan project delivers tangible benefits to the local economy and community. We are pleased to collaborate with a skilled local contractor and proud to contribute to regional development as we move closer to responsible tungsten production in Europe,” said Roberto García Martinez, CEO of Eurobattery Minerals. The work in the mine includes improvement of the infrastructure as well as stripping of waste and ore material, using excavators and trucks. The work in the open pit mine is conducted without the necessity of using blasting, thanks to the soft characteristics of the rock. This marks the beginning for tungsten production, scheduled to commence in Q4 2026. “Starting the work in the mine with a trusted local partner reflects our commitment to both responsible mining and local engagement. The proximity sourcing policy is a core pillar of our work here at TSJ. This is an important project for Ourense, for Galicia, and Europe, so I am really excited to get things going!” said Agne Ahlenius, Managing Director of TSJ. The San Juan mine is located near the town of A Gudiña, in the province of Ourense in Galicia, Spain. The first proven ore reserves, that have been confirmed by core drilling at the San Juan project, are an estimated 60,000 tons of ore. The tungsten (WO₃) grade is high – 1.3% – contributing to the project's economic viability. 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 minerals, the Company’s focus is to realize numerous mining projects in Europe to supply critical raw materials and, by doing so, power a cleaner and more just world. Please visit www.eurobatteryminerals.com for more information. Feel free to follow us on LinkedIn as well. Contacts Roberto García Martínez – CEO E-mail: info@eurobatteryminerals.com Contact investor relations 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 End of Media Release Issuer: Eurobattery Minerals AB Key word(s): Energy
11.08.2025 CET/CEST Dissemination of a Press Release, transmitted by EQS News - a service of EQS Group. |
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