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The Economic Times
The Economic Times
National

In June 2026, Spain revealed a rare-earth deposit capable of meeting 33% of Europe’s needs. Now, the find could challenge China’s grip on critical minerals and strengthen continent’s push for mineral independence

The global demand for critical minerals is rising as countries expand electric vehicles, renewable energy, advanced electronics and other technologies. Europe has been searching for ways to strengthen its own supply chains and reduce dependence on foreign sources, making newly identified mineral resources strategically important. A newly highlighted rare-earth project in central Spain has therefore attracted attention, but the discovery also raises challenging questions regarding water, agriculture, wildlife and whether Europe can extend domestic mining without creating fresh environmental conflicts.

A Rare-Earth Discovery in Central Spain

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