This came off the EMH announcement who were also given Strategic Project Status.Note it is a hard rock project in earlier stages but a nice summary of benefits.
The principal benefits Strategic Project status brings are: Simplified Bureaucracy • Harmonised permitting procedures across EU member states. • Access to a single contact point ("one-stop-shop") to streamline administrative processes. Accelerated Approval Processes • Projects designated as strategic receive priority status in permitting processes. • Shortened approval timelines for environmental and administrative clearances (maximum 24 months for mining projects and 12 months for processing projects). Access to Funding • Eligibility for public funding, including grants and investments from programs such as InvestEU. • Increased attractiveness to private investors. • Potential financing from major European financial institutions, such as the European Investment Bank (“EIB”) Support for Innovative Technologies • Favorable conditions for research and development of new extraction and processing methods. • Opportunities to participate in strategic partnerships under the European Raw Materials Alliance. Secured Market and Stability • Strategic Projects may obtain long-term supply agreements with key industrial sectors (e.g., battery production, electromobility, renewable energy). • Participation in EU strategic value chains. Protection Against Geopolitical Risks • Potential use of EU protective measures, such as export restrictions on critical raw materials
VUL Price at posting:
$5.36 Sentiment: Buy Disclosure: Held
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(20min delay)