Latest news with #EITRawMaterialsSummit
Yahoo
15-05-2025
- Business
- Yahoo
Mining start-ups need more support in Europe, say experts
Start-ups in Europe's mining and critical raw materials sectors are underfunded, agreed speakers at the EIT RawMaterials Summit. EU Commissioner Jessika Roswall opened the second day by addressing 'fragmentation' in Europe's raw materials market and the need for a single capital market – a call that was echoed by Bernd Schäfer, CEO of EIT RawMaterials, which provides funding and support to start-ups across the continent. 'We must make sure that we follow up with public financing to bring start-ups to market and avoid mushrooming of more of the same innovations but standardise them,' he stated. Roswall, EU Commissioner for Environment, Water Resilience and a Competitive Circular Economy, confirmed that the EU is working to simplify its funding and grant processes, which present a barrier to smaller companies looking to gain a foothold in the mining sector. On a panel called 'Crossing the Valley of Death: Europe's Raw Materials Start-up Ecosystem', Ella Cullen, co-founder and CMO of Minespider, a Berlin-based start-up that offers a blockchain-based traceability platform for the mining industry, echoed the call for less fragmentation in the region. 'It is an absolute struggle for start-ups to operate with all the different languages and legal implications of each country and bureaucracy,' stated Cullen. Minespider has received several grants, some from the EIT RawMaterials Booster Programme, and work across around €30m ($33.54m) of EU funded projects, she added. EIT RawMaterials access to finance director Anthony Slotboom agreed that a single capital market is crucial for start-ups. 'There has been talk of this for ten years. For someone willing to take a risk in raw materials, there would be a much bigger pool from which start-ups could access capital more easily.' Benedikt Sobotka, CEO of Alpha Future Funds and former CEO of Eurasian Resources Group, asserted that the private investment landscape isn't much better. 'Predominantly, mining technology start-ups, such as [those] in geospatial data analysis, are privately funded outside of Europe,' Sobotka said, noting that the investment ecosystem is much smaller than in the US. 'Such companies grow and scale so much faster there [in the US] and the possibility for a significant exit is better than in Europe. This is because there are large buyers and an IPO [initial public offering] market, which in Europe for new technology companies is comparatively dead,' he said. Beyond offering a single product, scalability to take advantage of the global nature of the mining industry was proffered as a key strategy for start-ups, with mining software solutions highlighted as a particularly promising area to attract private investors and secure public funding. The EIT RawMaterials Summit is taking place from 13–15 May in Brussels, Belgium. Day one of the summit (14 May) saw industry leaders highlight the need to improve public perception to boost critical minerals development in Europe. "Mining start-ups need more support in Europe, say experts" was originally created and published by Mining Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
Yahoo
12-05-2025
- Business
- Yahoo
Military Metals Announces Participation at the EIT Raw Materials Summit as EU Implements ReArm Europe Plan/Readiness 2030, Brussels May 13-15
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on the exploration and development of critical minerals projects, mainly antimony, is pleased to announce its participation in the European Union ("EU") sponsored European Institute of Innovation and Technology ("EIT") Raw Materials Summit, taking place in Brussels, Belgium, from May 13-15, 2025. The Company invites attendees, including EU officials, EU funding sources, institutional investors, and strategic industry partners to request a private meeting through the conference app. One of the main objectives of EIT Raw Materials is to connect critical minerals projects with funding opportunities as the EU aims to strengthen its domestic supply chains. Europe is entering an era of rearmament, and this conference couldn't be more timely to help connect critical defense mineral projects with the capital necessary to quickly develop them. "The ReArm Europe plan was announced in March 2025. It is a major EU defense initiative to strengthen Europe's military capabilities and take greater responsibility for its own security," stated Scott Eldridge, CEO of Military Metals. "The estimated potential funding is 800 billion Euros, with an emphasis towards European-made equipment. In parallel, the EU is pressing forward with the goals of the Critical Raw Materials Act to increase local production of key minerals including antimony. Participating in the EIT Raw Materials Summit is a valuable opportunity to showcase our commitment to future sustainable mining practices and to help the EU solve the issue of its control of key critical minerals. We look forward to engaging with industry leaders and contributing to discussions that will shape the future of critical raw materials in Europe." As one of the industry's premier conferences, the EIT Raw Materials Summit gathers global stakeholders to discuss the future of sustainable resource management. Military Metals will join policymakers, investors, and industry experts to explore breakthrough technologies, circular economy strategies, and responsible sourcing initiatives shaping the sector. More information can be found at: RawMaterials Summit | 2025 | RAW MATERIALS. For more information about Military Metals Corp. and its critical minerals initiatives, please visit: About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD OF DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the completion of the Company's review of the technical disclosure related to the asset, as well as future plans for maximizing value, and assumptions related to the continuation of the global demand for tin and continuation of the value of tin. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit
Yahoo
12-05-2025
- Business
- Yahoo
Military Metals Announces Participation at the EIT Raw Materials Summit as EU Implements ReArm Europe Plan/Readiness 2030, Brussels May 13-15
Vancouver, British Columbia--(Newsfile Corp. - May 12, 2025) - Military Metals Corp. (CSE: MILI) (OTCQB: MILIF) (FSE: QN90) (the "Company" or "MILI"), a company focused on the exploration and development of critical minerals projects, mainly antimony, is pleased to announce its participation in the European Union ("EU") sponsored European Institute of Innovation and Technology ("EIT") Raw Materials Summit, taking place in Brussels, Belgium, from May 13-15, 2025. The Company invites attendees, including EU officials, EU funding sources, institutional investors, and strategic industry partners to request a private meeting through the conference app. One of the main objectives of EIT Raw Materials is to connect critical minerals projects with funding opportunities as the EU aims to strengthen its domestic supply chains. Europe is entering an era of rearmament, and this conference couldn't be more timely to help connect critical defense mineral projects with the capital necessary to quickly develop them. "The ReArm Europe plan was announced in March 2025. It is a major EU defense initiative to strengthen Europe's military capabilities and take greater responsibility for its own security," stated Scott Eldridge, CEO of Military Metals. "The estimated potential funding is 800 billion Euros, with an emphasis towards European-made equipment. In parallel, the EU is pressing forward with the goals of the Critical Raw Materials Act to increase local production of key minerals including antimony. Participating in the EIT Raw Materials Summit is a valuable opportunity to showcase our commitment to future sustainable mining practices and to help the EU solve the issue of its control of key critical minerals. We look forward to engaging with industry leaders and contributing to discussions that will shape the future of critical raw materials in Europe." As one of the industry's premier conferences, the EIT Raw Materials Summit gathers global stakeholders to discuss the future of sustainable resource management. Military Metals will join policymakers, investors, and industry experts to explore breakthrough technologies, circular economy strategies, and responsible sourcing initiatives shaping the sector. More information can be found at: RawMaterials Summit | 2025 | RAW MATERIALS. For more information about Military Metals Corp. and its critical minerals initiatives, please visit: About Military Metals Corp. The Company is a British Columbia-based mineral exploration company that is primarily engaged in the acquisition, exploration and development of mineral properties with a focus on antimony. ON BEHALF OF THE BOARD OF DIRECTORS For more information, please contact: Scott EldridgeCEO and Director scott@ or info@ For enquiries, please call Jeremy Ross, VP Corporate Development 604-537-7556 This news release contains "forward-looking information". Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates", or "believes" or variations (including negative variations) of such words and phrases, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved. Forward-looking information in this news release includes statements related to the completion of the Company's review of the technical disclosure related to the asset, as well as future plans for maximizing value, and assumptions related to the continuation of the global demand for tin and continuation of the value of tin. A variety of factors, including known and unknown risks, many of which are beyond our control, could cause actual results to differ materially from the forward-looking information in this news release. Additional risk factors can also be found in the Company's public filings under the Company's SEDAR+ profile at Forward-looking statements contained herein are made as of the date of this news release and the Company disclaims any obligation to update any forward-looking statements, whether as a result of new information, future events or results or otherwise. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. The Company undertakes no obligation to update forward-looking statements if circumstances, management's estimates, or opinions should change, except as required by securities legislation. Accordingly, the reader is cautioned not to place undue reliance on forward-looking statements. The Canadian Securities Exchange has neither approved nor disapproved the information contained herein and does not accept responsibility for the adequacy or accuracy of this news release. To view the source version of this press release, please visit Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
