Lundin Mining, Boliden, and Avrupa Minerals Drive EU Resource Sovereignty
EU initiatives, including the CRMA, are accelerating mining project approvals to enhance resource independence. Lundin Mining's strategic divestiture and Boliden's acquisitions position them as key players in Europe's resource landscape.
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The EU's CRMA aims to expedite mining project approvals to 24 months, addressing administrative challenges and rising capital costs. Lundin Mining reported a record revenue of 4.5 billion USD in 2025, selling its European assets to Boliden for enhanced focus on South American copper projects.
Boliden's acquisition of Neves-Corvo and Zinkgruvan increases its zinc production and enhances copper self-sufficiency. Avrupa Minerals is exploring new resources in Portugal and Finland, notably achieving significant results in its Alvalade project.
The company aims to discover at least 10 million tons of copper-zinc ore in the Pyhäsalmi district, supporting processing facilities operated by First Quantum Minerals. This collaboration could secure future resource availability amid increasing demand in Europe.
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