Spain Launches €400 Million Action Plan for Critical Mineral Exploration (2026-2030)
The Spanish government has approved a €400 million Action Plan for Critical Minerals for 2026-2030, aimed at enhancing national and European autonomy in critical materials through exploration and recycling. The plan, the first of its kind in over fifty years, will focus on minerals such as lithium, nickel, and cobalt, addressing the EU's dependency on external sources. It includes a National Mining Exploration Program and advanced analysis of existing mineral data and waste facilities.
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Spain's government has initiated a €400 million Action Plan for Critical Minerals covering 2026-2030 to enhance autonomy in essential materials. This marks the first significant mineral exploration effort in over fifty years.
The plan addresses Europe’s reliance on external sources for minerals like lithium and cobalt and aims to improve knowledge of strategic minerals in Spain through a National Mining Exploration Program. The initiative will utilize advanced technologies to analyze existing mineral samples and mining waste, fostering a circular economy and strategic independence.
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