Greece is taking significant strides toward leveraging its rare earth elements
Greece is taking significant strides toward leveraging its rare earth elements and critical raw materials, positioning itself as a key player on the global stage at a crucial time for the European Union.
As the EU seeks to secure its supply of vital resources, Greece’s move to tap into its own reserves is becoming increasingly important, given the Union’s reliance on external suppliers.
Following the announcement by Metlen Energy & Metals, a company that will produce gallium in Boeotia, Greece has made further advancements in mineral exploration.
In mid-January, Alexandra Sdoukou, the Deputy Minister for Environment and Energy, signed a decision to launch a tender for the exploration and exploitation of antimony on the island of Northern Chios, in the northern Aegean Sea.
Additionally, sources indicate that another tender may soon be announced for a mining area close to the city of Xanthi, in Western Thrace, north-eastern Greece, where significant deposits of copper and tungsten have been identified.
Meanwhile, Rockfire Resources, which operates mining projects in the Molaoi area of Laconia, in the Peloponnese, has detected the presence of germanium, one of the world’s rarest critical metals. If their findings prove successful, the company will move forward with extraction
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