Allied Critical Metals Secures Major European Union Strategic Designation for its Flagship Borralha Tungsten Project
Allied Critical Metals' 100%-owned Borralha Tungsten Project in northern Portugal was named to the European Commission's selection of 46 Strategic Projects under the EU Critical Raw Materials Act. It is the only tungsten extraction project and the only Portuguese project in the group, qualifying it for streamlined permitting with a maximum 27-month timeline for extraction projects plus support in identifying public and private financing.
Key figures
- Ownership pct
- 100
- Inferred resource mmt
- 7.7
- Measured resource mmt
- 1
- Indicated resource mmt
- 12
- Inferred grade pct wo3
- 0.18
- Measured grade pct wo3
- 0.22
- Indicated grade pct wo3
- 0.21
- Resource cutoff pct wo3
- 0.09
- Strategic projects selected
- 46
- Permitting max timeline months
- 27
AI analysis
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