Greece is seeking to capitalise on investment opportunities created by the implementation mechanism of the European Union’s Critical Raw Materials Act (CRMA).
Five Strategic Projects have already been submitted by Greek mining companies for evaluation under the CRMA framework. The projects relate to existing deposits and development prospects in selected state-owned mining areas and cover different categories of critical raw materials, including copper, germanium and raw material recycling.
Recognition of these projects as Strategic Projects would provide a significant advantage in attracting financing from European funding instruments, including the NSRF programmes, the Just Transition Fund, InvestEU, RePowerEU and the European Investment Bank.
In addition, a Greek integrated project involving bauxite, aluminium and gallium has already been placed under the auspices of the European Union during the previous phase of the initiative.
According to Petros Tzeferis, Director General for Mineral Raw Materials at the Ministry of Environment and Energy, Greece met the requirements of the first year of implementation of the Critical Raw Materials Act.
“Specifically, Greece had submitted the report required under Article 45 of the mechanism by May 2026. The country is also actively implementing the National Mineral Exploration Programme, submitted five Strategic Projects for European evaluation and established six thematic working groups as part of the national implementation mechanism, with broad participation from public administration, industry and academia,” Tzeferis said.
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