The definitive halt of the project would represent a loss of 3.8 billion in payments to suppliers and 1.246 billion in tax revenue. Mina Muga, the largest mining project in Spain, announces an ERTE "due to the passivity of Miteco"Mina Muga, the largest mining project in Spain, announces an ERTE "due to the passivity of Miteco"Mina Muga, the largest mining project in Spain, announces an ERTE "due to the passivity of Miteco"
Geoalcali, the promoter of the Mina Muga project, has announced the presentation of a Temporary Employment Regulation File (ERTE) that will affect its workforce of approximately 30 workers. According to Geoalcali, the measure, which will be applied from March 1 to 31, responds "to the legal uncertainty generated after the ruling of the Superior Court of Justice of Navarra (TSJN) of September 2024, which requested that Miteco be the one to sign this permit instead of the Government of Navarra." The company has informed its workers that this Wednesday the consultation period will begin to negotiate the ERTE. It indicated that, beyond the direct impact on the workforce, the stoppage of Mina Muga has economic and social implications of great magnitude. According to Geoalcali data, the loss of opportunity derived from the blockage of the project amounts to approximately 3.8 billion euros in payments to suppliers and 1.246 billion euros in tax revenues. Being selective is back in fashion The project, which had obtained more than 42 favorable permits and had overcome more than 14 public information procedures, is in a critical situation "due to regulatory uncertainty. So much so that, in a recent interview with Servimedia, the Secretary of State for Energy Transition, Hugo Morán, admitted that despite having 'concluded the environmental assessment procedure' of Mina Muga satisfactorily, 'at the moment in which a procedure is judicialized, it is reckless to anticipate what can be done or not done'". Faced with this scenario of legal uncertainty, Geoalcali has requested an urgent meeting with the Ministry for the Ecological Transition and the Demographic Challenge (MITECO) and an administrative solution that will allow it to overcome the blockage and continue with the development of the mine. The company insists that Mina Muga could generate up to 7,000 direct and indirect jobs during its construction and operation, reinforcing its role as a strategic project for the economy of the region. "The definitive stoppage would also affect the supply chain and the local economies of Navarra and Aragon, where the mine is being developed. The lack of legal security has generated concern among Asian investors who committed financing of 500 million euros, conditioned on the resolution of the conflict before March 31," he said.Last Monday, the CEO of Geoalcali, Ignacio Salazar, and his advisor, Sixto Jiménez, met with the president of the Government of Navarra, María Chivite, and the Minister of Industry and Ecological Transition, Mikel Irujo. At the meeting, the company expressed its concern about the future of the project and the urgency of finding an administrative solution that guarantees its viability.
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