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International Business Times
International Business Times
Science

Spain Eyes Boom In 'Neglected' Strategic Mining Sector

The Gossan reservoir at the Rio Tinto mines in Minas de Riotinto, near Huelva, on September 30, 2022 (Credit: AFP)

Spain is aiming to tap its unexplored strategic mining resources as the European Union urgently seeks to ramp up production, but local resistance could frustrate the government's plans.

The European mining heavyweight has 2,600 mines generating 3.5 billion euros ($3.8 billion) in annual revenue and is the second-largest EU producer of copper and magnesite, but sector specialists believe its potential is largely untapped.

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