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Business model
Eurobattery Minerals contributes to a cleaner and more resilient Europe. The Company explores and develops projects for nickel, cobalt, copper and tungsten to supply critical raw materials essential for electrification, renewable energy and strategic industries.
Our business model
Eurobattery Minerals develops responsibly mined critical raw materials as a key part of the European value chain. Our focus is on ethical sourcing, full traceability and high environmental, social and governance standards throughout the project lifecycle.
We are convinced that responsible mining is not only the right approach — it is also a competitive advantage. Automotive manufacturers, technology companies and industrial customers increasingly require transparent, traceable and responsibly produced raw materials. By meeting these expectations, we strengthen both market relevance and long-term value creation.
The Company remains open to different commercial structures, including partnerships and joint ventures, whenever strategically and economically appropriate.
Our project phases
Eurobattary Minerals has a project process that is divided in six different stages; exploration, resource definition, scoping study, feasibility study, development and production. As of 2026, the Company has two ongoing mineral projects in different stages of the process.
Exploration
- Reconnaissance drilling
- Geochemistry
- Geophysics
- Mapping
Resource definition
- Infill drilling
- Step-out drilling
Scoping study
- Preliminary technical study
- Preliminary economic study
Feasibility Study
- Detailed technical study
- Detailed economic study
Development
- Construction
- Commissioning
Production
- Full-scale metal production and delivery
Focusing on Europe
Eurobattery Minerals is committed to exploring and developing projects exclusively in Europe, delivering responsibly mined critical raw materials under Europe’s strict environmental and social standards. The Company currently has projects in Finland and Spain.
Finland
Spain
The minerals we focus on
Eurobattery Minerals explores several different minerals, with focus on nickel, cobalt, copper, and wolfram (tungsten) — critical raw materials essential for electrification, renewable energy, advanced technologies and Europe’s strategic resilience.
27
Co
Cobalt
Cobalt a hard, silver gray metal with chemical designation Co. The metal has many applications including for the manufacture of permanent magnets, batteries and metal alloys. Cobalt can also be used in medicine, dental care and other biotechnological areas. Demand for cobalt is expected to increase over the next years due to a growing market for electric vehicles with batteries as well as clean energy applications. Cobalt is often mined as a by-product in the extraction of other metals, often nickel or copper.
29
Cu
Copper
Copper (Cu) is a reddish metal that resists most oxidizing acids. Copper is the second best electric conductor after silver. The metal is also a good thermal conductor and the most common metal in electrical cables and electronic circuit boards. Copper is usually extracted from the mineral copper canopy (CuFeS2) and copper sheen (Cu2S). The metal is completely recyclable.
28
Ni
Nickel
Nickel (Ni) is a hard, magnetic, silver white, high gloss metal. Its most important use is in alloys. The majority of the nickel consumed in the western world is used to produce stainless steel, superalloys, rechargeable batteries and catalysts. Most of the extracted nickel is found in two types of ore deposits. One is laterite with nickel-containing limonite: (Fe, Ni) O (OH) and garnierite: (Ni, Mg) 3 Si2O5 (OH). The other is magmatic sulfur deposits where the main ore mineral is pentlandite: (Ni, Fe) 9S8.
74
W
Wolfram
Wolfram, also known as tungsten (W), is a dense, extremely hard metal with the highest melting point of all metals. It is essential in high-performance alloys, cutting tools, electronics, aerospace applications and defence systems due to its strength and heat resistance. Tungsten is also used in energy technologies and industrial machinery where durability and reliability are critical. The metal is primarily extracted from the minerals scheelite (CaWO₄) and wolframite ((Fe,Mn)WO₄). Secure European access to wolfram is strategically important for both industrial competitiveness and security.