What we do
Strategic Minerals for new economies
Strategic Minerals Europe produces various mineral concentrates, currently tin, tantalum and niobium. These products are essential for everday use: for the technology industry (microprocessors, computers, mobile phones, satellite manufacturing), for the health industry (medical equipment or implants) or industrial products as glass industry, superalloys to reduce the CO2 footprint and the manufacture of refractory paints.
In the future, the company will seek to produce other metallic minerals such as lithium and industrial minerals such as quartz, feldspar, mica and kaolin will also be extracted.
These are high quality, very scarce products of great economic importance, all of which are mined in conflict-free areas, making them strategic materials.
We are the largest producer of tin and tantalum in the European Union
What we do
Under development products
The principles of the circular economy that govern the Penouta Mine project allow Strategic Minerals Europe to promote continuous development to maximise the use of the resources extracted, optimising the extraction process and minimising the effects derived from its activity.
What we do
Only tantalum and niobium mine in production in Europe
Ctra. OU-0901 Km 14, Mina de Penouta,
Viana do Bolo 32558 (OURENSE), ESPAÑA
+34 988 343 596
A benchmark in the recovery of raw materials
The Penouta Sn, Ta and Nb mine is located in the municipality of Viana do Bolo, on the central-eastern edge of the province of Ourense, and is currently the only tantalum and niobium mine in production in Europe.
Strategic Minerals Spain is currently operating the project of this mining site from which it extracts tin, tantalum and niobium, the latter two elements are used to make columbite-tantalite and other mineral aggregations, with tantalum and niobium being considered strategic elements and tin considered a necessary mineral for the energy transition by the European Union due to its scarcity and its important properties for the manufacture of technological components.
The Penouta Mine project:
- The company operates open-pit mining of tin, tantalum and niobium mineral resources. The Company to exploit the mineral resources that were certified by SRK in NI 43-101; for 30 years renewable for up to 75; allowing the Company to fully develop the open pit mine to exploit cassiterite (tin), tantalum and niobium, and also allows the exploitation of the industrial minerals that exist in the mine, such as quartz, feldspars and micas.
Penouta Mine initially began with the use of the tailings from the old exploitation within the framework of circular economy and environmental sustainability. The company will maintain its commitment to the circular economy by revaluing the future tailings produced by the mine.
The Penouta Mine is located in a conflict-free zone, in line with both the company’s policy in the mineral extraction process and with European and international policies in this respect, making it a European mine of strategic importance.
What we do
An historic project
190609 March, 1906
The first declaration registered at the Jefatura de Minas was located, corresponding to the Olga mine, no. 1229, with 64 holdings.
196522 February, 1965
Work began to deepen the excavation, as it was found that the rock underneath the overburden was mineralised.
196820 January, 1968
The "Project to measure and evaluate tin reserves in an area of the Penouta mining group (Ourense)" was carried out by the Spanish Geological and Mining Institute.
197011 August, 1970
Exploitation of some 700,000 t of kaolinised leucogranite.
198504 April, 1985
Mine operations ceased.
201102 May, 2011
Start of geological research work at the site.
201405 May, 2014
Project feasibility pre-operational and environmental studies carried out.
201704 April, 2017
Strategic Minerals Spain starts the operations for exploitation of the mine as a model for modern, responsible and sustainable mining.
202114 April, 2021
Research phase commences through the authorised pilot front.
202201 June, 2022
The company has been awarded the open pit concession for 30 years, renewable for up to 75 years.
Strategic Minerals Spain has four projects in Galicia: Penouta Mine, Alberta II, Carlota and Macarena.
It covers 282 hectares. The mineral resources were exploited from the beginning of the 20th century until the 1980s, with research being reactivated in 2011 by Strategic Minerals Spain. It has certified resources of more than 76 million tonnes measured and indicated according to NI 43-101. The certification was carried out by SRK Consulting.
It covers 1,015 hectares. The “Alberta II” research licence is located in the province of Ourense (Galicia), within the Ribeiro region in western Ourense, in the municipality of Avión. In the first stage, 40% of the deposit was explored. 12 Mt of inferred resources, certified by RDA. Increasing potential to find subsurface veins containing lithium mineralisation according to the 2018 exploration campaign.
It covers 2,670 hectares. The exploration will be carried out in later stages. The deposit consists of pegmatite bodies containing Tin (Sn), Tantalum (Ta), Niobium (Nb) and Lithium (Li), similar to Alberta II.
It covers 1,830 hectares. Exploration work will be carried out in future stages with mineralised quartz veins and granite hosted with high Tin (Sn) and Wolfram (W) content.
What we do
Strategic Minerals Europe defends human rights, as well as the exploitation of minerals in an ethical and responsible manner, sanctioning the extraction and purchase of these materials in conflict zones, as defined by the Organisation for Economic Co-operation and Development (OECD).
All its products come from the mining operations owned by the company in Spain, and are therefore from conflict-free zones. In addition, they have high added value, given the very low primary production of these minerals in Europe, reducing dependence on imports from third countries, including conflict zones, making them a valuable solution for new economies.
Strategic Minerals has a conflict minerals policy in line with the international recommendations of the OECD and Regulation (EU) 2017/821 of the European Parliament and of the Council of 17 May 2017 in this regard.