Spain is aiming to tap its unexplored strategic mining resources as the EU urgently seeks to ramp up production, but local resistance could frustrate the government’s plans.
The European mining heavyweight has 2,600 mines generating 3.5 billion euros (US$3.79 billion) in annual revenue and is the second-largest EU producer of copper and magnesite, but sector specialists believe its potential is largely untapped.
“Spain possesses huge wealth in its subsoil” and “must continue investigating” to quantify it, said Ester Boixereu, a geologist and natural resources specialist at the Geological and Mining Institute of Spain.
Photo: AFP
Deposits of lithium, cobalt, tungsten, nickel and rare earths have been discovered in the south and west of the country over the past few years.
Their strategic value has soared as the green energy and technology races have gathered pace, because they are critical in the construction of electric-battery cars, wind turbines and smartphones.
The EU is anxious to turbocharge production of these resources to reduce its dependence on external suppliers, particularly China, which dominates much of the market for renewable energy equipment.
This month, the Spanish Ministry for the Ecological Transition and the Demographic Challenge presented a national mining programme at the behest of Brussels aimed at identifying minerals present in new deposits and existing quarries.
The plan opens a path to reforming a 50-year-old mining law and would “strengthen national and European strategic autonomy” in an “increasingly complex geopolitical context,” Spanish Secretary of State for Energy Joan Groizard said.
The sector has long been waiting for such assistance.
“Mining is a pillar we neglected for a long time,” Spanish Minister for the Ecological Transition Sara Aagesen said in an address to the Spanish Senate last month.
About 30 operating requests have been submitted over the past few years, notably in the central Castilla-La Mancha region where the company Quantum Mineria has identified rare earths.
In Extremadura in the west, several firms hope to extract lithium, a key material for electric-vehicle batteries.
Some of the applications “are advancing very well” but others “remain blocked,” said Vicente Gutierrez Peinador, president of the national confederation of mining and metallurgy businesses.
He pointed to a lack of coordination between levels of government and a “lack of political will” at the regional level, where permits are granted, rather than in Madrid.
That reticence comes from local populations who worry about the environmental impact of mining projects, which sometimes require chemical products to extract the precious metals, raising pollution fears.
They also guzzle huge amounts of water — a major concern in a country that has endured years of drought and faces increasing desertification and fiercer heatwaves as climate change accelerates.
A bonanza in the sector would “increase the probability of accidents and worsen the environmental and social impact inherent to extractive activity,” Friends of the Earth said, denouncing a “lack of transparency” from the authorities.
Mining specialist Boixereu nuanced green groups’ criticism, saying mining was now “much better regulated” compared with past operations that paid scant attention to the environment.
Sector representative Gutierrez Peinador believes the new government programme “is going in the right direction,” but remained cautious, because the corresponding credits have not been announced.
MediaTek Inc (聯發科), the world’s biggest smartphone chip supplier, yesterday said it plans to double investment in data center-related technologies, including advanced packaging and high-speed interconnect technologies, to broaden the new business’ customer and service portfolios. The chip designer is redirecting its resources to data centers, mainly designing application-specific integrated circuits (ASIC) with artificial intelligence (AI) capabilities for cloud service providers. The data center business is forecast to lead growth in the next three years and become the company’s second-biggest revenue source, replacing chips used in smart devices, MediaTek president Joe Chen (陳冠州) told a media event in Taipei. “Three or four years
Until US President Donald Trump’s return a year ago, when the EU talked about cutting economic dependency on foreign powers — it was understood to mean China, but now Brussels has US tech in its sights. As Trump ramps up his threats — from strong-arming Europe on trade to pushing to seize Greenland — concern has grown that the unpredictable leader could, should he so wish, plunge the bloc into digital darkness. Since Trump’s Greenland climbdown, top officials have stepped up warnings that the EU is dangerously exposed to geopolitical shocks and must work toward strategic independence — in defense, energy and
Motorists ride past a mural along a street in Varanasi, India, yesterday.
For the second year in a row, a Brazilian movie has wowed international audiences and critics, securing multiple Oscar nominations and drawing fresh interest in the Latin American giant’s film industry. Experts say the success of The Secret Agent, which has won four Oscar nominations, a year after I Am Still Here won Brazil its first Oscar, is no fluke, with a bit of a push from the country’s political climate. “This is neither a coincidence nor a miracle. It is the result of a lot of work, consistent policies, and, of course, talent,” Ilda Santiago, director of the Rio International Film