EUROPE

Italy hails "key moment" for strategic minerals

Alberto Castronovo from the Cabinet of the Minister, Government of Italy speaks to Mining Magazine

Alberto Castronovo, head of the internationalisation unit at the Cabinet of the Minister of Enterprises and Made in Italy

Alberto Castronovo, head of the internationalisation unit at the Cabinet of the Minister of Enterprises and Made in Italy | Credits: sthlmeventfoto.se / Benchmark Mineral Intelligence

Italy has four projects in the European Commission's list of 47 extraction, processing and recycling projects deemed strategic ujnder the Critical Raw Materials Act.

Speaking exclusively to Mining Magazine, Alberto Castronovo, head of the internationalisation unit at the Cabinet of the Minister of Enterprises and Made in Italy, praised the "substantial step" towards achieving the CRMA's targets. 

"The Ministry of Enterprise and Made in Italy welcomes the decision of the European Commission to select four Italian projects from the list of strategic projects provided for by the Critical Raw Materials Act," he said.

"The approval of the list represents a substantial step towards achieving the targets for the extraction, transformation and recycling of Strategic Raw Materials in Europe, set at 10%, 40% and 25% of European demand respectively. Strategic projects are key to ensuring the success of the green and digital transitions."

Italy has also identified its own list of key projects and set up a fund to support them.

"Italy will actively contribute to the achievement of these objectives through the four approved projects," Castronovo said.

"The latter will involve the recycling of five key Strategic Raw Materials for Italian and European industry: lithium, rare earths, platinum group metals, nickel and copper. The strategic projects in question, located in Lazio, Sardinia, Tuscany and Veneto, will contribute to the development of the territories concerned."

The four projects are the Alpha Project, an ongoing recycling project of platinum group metals, LIFE22-ENV- IT-INSPIREE, a rare earth magnet recycling project, Portovesme CRM Hub which recycles battery-grade lithium and manganese, and copper, nickel and platinum group metal recycling project RECOVER-IT.

"This milestone marks a key moment for the strengthening of European supplies of Strategic Raw Materials, as well as an opportunity for Italy to relaunch its mining industry," he said. 

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

A growing series of reports, each focused on a key discussion point for the mining sector, brought to you by the Mining Magazine Intelligence team.

editions

Mining Magazine Intelligence: Future Fleets Report 2025

MMI Future Fleets Report 2025 looks at how companies are using alternative energy sources to cut greenhouse gas emmissions

editions

Mining Magazine Intelligence: Automation and Digitalisation Report 2024

Exclusive research for Mining Magazine Intelligence Automation and Digitalisation Report 2024 shows mining companies are embracing cutting-edge tech

editions

ESG Mining Company Index: Benchmarking the Future of Sustainable Mining

The ESG Mining Company Index report provides an in-depth evaluation of ESG performance of 61 of the world's largest mining companies. Using a robust framework, it assesses each company across 9 meticulously weighted indicators within 6 essential pillars.

Mining Magazine Intelligence Exploration Report 2024 (feat. Opaxe data)

A comprehensive review of exploration trends and technologies, highlighting the best intercepts and discoveries and the latest initial resource estimates.