Eurobattery Minerals AB Stock: SE0012481570

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Eurobattery Minerals Pursues EU Funding to Bolster European Battery Material Supply


Securing Europe’s Green Future: Eurobattery Minerals Applies for ERMA Booster Call

In a strategic move to enhance Europe’s self-reliance in critical raw materials, Eurobattery Minerals AB, through its subsidiary FinnCobalt Oy, has formally applied for the ERMA Booster Call 2025. This funding initiative, spearheaded by EIT RawMaterials, aims to fortify the continent’s resilience and competitive edge in the raw materials sector, particularly those vital for battery production.

The ERMA Booster Call presents a significant prospect for mining projects demonstrating advanced extraction and processing capabilities.Successful applicants stand to receive up to EUR 2.5 million, a substantial boost for projects like FinnCobalt’s, which are focused on responsible and sustainable sourcing of battery minerals within Europe.

Strategic autonomy and the Green Transition: A Two-Pronged approach

The request aligns perfectly with Eurobattery Minerals’ core mission: to establish a secure and ethical European supply chain for battery minerals. This initiative directly addresses the growing need to reduce dependence on imported raw materials, a vulnerability exposed by recent global events.

Roberto García Martínez, CEO of Eurobattery Minerals, emphasized the importance of this initiative, stating:

Europe must take control of its raw material supply chains to secure a sustainable and competitive future… With this funding, we can further accelerate our mining project and contribute to the EU’s strategic autonomy, security, and the green transition.
Roberto García Martínez, CEO of Eurobattery Minerals

The funding is expected to substantially accelerate the progress of Eurobattery Minerals’ battery mineral projects, supporting key European industries in their transition to clean energy and e-mobility. This is particularly crucial as the demand for electric vehicles and renewable energy storage solutions continues to surge.

The Urgency of Securing Critical Raw Materials

Ilari Kinnunen, Managing Director at FinnCobalt, highlighted the timeliness of the ERMA funding initiative, stating:

With the events we have seen playing out on the world scene during the last months, this funding initiative from ERMA couldn’t come at a better time. Europe has an extremely urgent need to secure critical raw materials – like nickel, cobalt, and copper – for the green transition, for clean energy, for security and defense, and for the jobs in the European industry. There is no time to lose to get new mines up and running in Europe.
Ilari Kinnunen, Managing Director at FinnCobalt

The geopolitical landscape has underscored the fragility of global supply chains, making the need for domestically sourced critical raw materials more pressing than ever.Nickel,cobalt,and copper,all essential components in battery production,are in high demand,and securing their supply is paramount for Europe’s economic and strategic interests.

According to a recent report by the European Commission, demand for lithium and cobalt is projected to increase by 600% and 300% respectively by 2030. This surge in demand necessitates proactive measures to ensure a stable and sustainable supply.

Eurobattery Minerals: A Key Player in Europe’s Battery Revolution

Eurobattery Minerals is committed to playing a pivotal role in securing a sustainable European supply chain. The company’s focus on responsibly mined battery minerals positions it as a key player in the continent’s transition to a cleaner, more sustainable future.

As the demand for responsibly sourced battery minerals continues to grow,Eurobattery minerals’ efforts to establish a secure and ethical European supply chain are more critical than ever. The ERMA Booster Call represents a significant opportunity to accelerate these efforts and contribute to Europe’s strategic autonomy in the face of global challenges.

Keywords: Eurobattery Minerals, ERMA Booster Call 2025, battery minerals, European supply chain, raw materials, FinnCobalt, mining, green transition, strategic autonomy.

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