The government will revive mining exploration half a century later with a $400 million plan to secure key raw materials

Within this strategy, the Spanish plan contemplates the creation of a National Mining Exploration Program that will be developed until the end of the decade.

The Government will approve this Tuesday in the Council of Ministers the Action Plan for Mineral Raw Materials 2026-2030, a strategy with more than 400 million euros of investment aimed at promoting the exploration, exploitation and recycling of critical minerals in Spain. The initiative is the first massive mining prospecting programme in the country in the last half century and aims to strengthen national and European strategic autonomy at a time of growing external dependence for the supply of these materials. The Third Vice-President and Minister for the Ecological Transition and the Demographic Challenge, Sara Aagesen, announced in an interview with El Periódico that the plan includes a package of actions aimed at identifying strategic mineral resources present in the Spanish territory and promoting the recycling of materials from mining waste. “It is an important plan because it addresses something that is now on everyone’s lips, such as strategic autonomy. Fossil fuels make us dependent on third parties and vulnerable, and in the case of critical minerals, Europe is also highly dependent,” said the minister.

Continue reading in El Periódico de Energía