Eurobattery Minerals is the foundation of the battery value chain with the vision to help Europe become self-sufficient in ethical and fully traceable battery minerals for the electric vehicle industry.
The mining company, that is a listed company on the Swedish stock market under the ticker “BAT”, is focused on exploration and development of several nickel, cobalt and copper projects in Europe to supply battery minerals critical to the expanding electric vehicle battery market.
The company focuses on finding explorations and mineralisation types that have the potential to become commercially viable under European conditions, i.e. larger occurrences that can be operated economically using rational, mechanised methods.
Further to this, the company will run its projects with focus on sustainability, including ethical sourcing and with full traceability, from exploration to mining. In this field, the company’s strategy is to collaborate with existing and new initiatives in the battery value chain, public and private and keep an open mind attitude to different solutions.
“We strive to create a greener world by producing ethical and fully traceable minerals critical for a sustainable future”
Roberto Martínez García, CEO Eurobattery Minerals
With a large European automotive industry and its focus on sustainability and electrification, combined with the regions goal to be climate neutral in 2050, the EU Commission has set the goal of the region to become the global leader in sustainable battery production. One elementary important part of this is to enable mining for battery minerals within the region, and do this in a sustainable way with focus on responsible mining to provide traceable minerals.
The EU commission has pointed out that the conditions for enhanced extraction in Europe are very good and several researches suggest that the battery minerals needed for the European battery market are available across several European countries, including Finland, Sweden and Spain.
The combination of the electrical revolution of the vehicle industry and the strategic focus from the EU on batteries and sustainability are the key drivers for Eurobattery Minerals business and what makes this the perfect time for mining for battery minerals such as nickel, copper and cobalt within Europe.
Eurobattery Minerals is working on a six-step project process and has several ongoing and parallel battery mineral projects in various stages. The company is open to look at different business models such as partnerships or joint ventures whenever it is commercially appropriate.
As for enabling responsible mining as a key part of the battery value chain, with focus on ethical sourcing and traceable battery minerals, the mining company is convinced that the benefits of this is not only to provide a safe and sound work environment for miners and enable sustainable mining. It’s also a clear business benefit to provide ethical and traceable battery minerals as all major automotive manufacturers, and their customers, are increasingly demanding increased transparency from the mineral providers.
Eurobattery Minerals is listed on the Swedish stock market under the ticker symbol “BAT”. The stock is traded on NGM.