Eurobattery Minerals Publishes Q2 2025 Report, Launches San Juan Tungsten Project

Eurobattery Minerals AB has released its interim Q2 2025 report, marking significant advancements in its mining operations. Concurrently, the company initiated work at the San Juan tungsten project in Galicia, Spain. The project is part of a strategic push for Europe’s critical raw materials independence amid geopolitical challenges. CEO Roberto García Martínez emphasizes the importance of a local supply chain supported by community involvement and industry expertise.

In Q2, Eurobattery acquired exploration permits in Finland, bolstering its portfolio. A collaboration with Terrafame Ltd is underway to explore nickel-cobalt concentrate refining from the Hautalampi project. Financially, the company reported an operating loss of SEK 8,366 thousand, a slight improvement from the previous year.

Post-period, the company secured a majority stake in the San Juan project through a EUR 1.5 million investment, with expectations of positive cash flow by H2 2026. New leadership was appointed for the project, ensuring a focus on sustainable and strategic development.