Business · Energy & Commodities · 9 hrs ago
Energy Transition Minerals prepares Penouta mine restart application
Energy Transition Minerals is working towards restarting the Penouta tin, tantalum and niobium mine in Galicia, Spain.
The company acquired the project in July and has registered the mining titles under its Spanish subsidiary.
It has also provided about €2.45 million in guarantees for restoring the site.
The mine’s existing Section C concession is facing appeals before Spain’s Supreme Court, and the company says it will lodge a new application after the court rules.
It expects to finish the application documents by the end of October 2026.
The documents will cover the mine plan, restoration, environmental and social impacts, and effects on the local economy.
A pre-feasibility study, which will assess a possible route to restarting production, is targeted for the first quarter of 2027.
The company is also assessing whether historical mining material could supply feldspathic sands for agricultural use, but commercial terms and logistics remain under review.
Energy Transition Minerals is preparing a new Section C application to support a potential restart of the Penouta mine in Galicia, Spain.
The company expects to complete the application’s technical and environmental documents by the end of October 2026.
Lodgement will depend on a ruling by Spain’s Supreme Court on appeals concerning the existing Section C concession.
ETM has lodged restoration guarantees totalling about €2.45 million, as required by the regional government of Galicia.
The company is targeting a pre-feasibility study for the first quarter of 2027.
- Who
- Energy Transition Minerals, through its Spanish subsidiary.
- What
- It is preparing a new Section C application for a potential restart of the Penouta mine.
- When
- The company expects to finish application documents by the end of October 2026 and targets a pre-feasibility study in Q1 2027.
- Where
- The Penouta mine in Galicia, Spain.
- Why
- To pursue a potential mine restart and set out a pathway to commercial production.
This story does not have two clearly opposing sides.
Energy Transition Minerals completed the acquisition of Penouta.
The company expects to complete the technical and environmental documents for a new application.
ETM is targeting completion of a pre-feasibility study.
- Restoration guarantees
- Approximately €2.45 million
- Mine location
- Galicia, Spain
- Application documents
- Expected by the end of October 2026
- Pre-feasibility study target
- Q1 2027
- Existing concession
- Subject to pending appeals before Spain’s Supreme Court
What people are saying
Our job now is to lodge the new Section C application and deliver a Pre-Feasibility Study that demonstrates a technically and economically robust pathway to commercial production,
Penouta represents a significant opportunity to help rebuild European supply chains for tin, tantalum and niobium.
Sources
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