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USC Study Values Galicia's Critical Minerals at €25–45 Billion as Xunta Outlines Mining Plan

Officials signal tighter environmental scrutiny with additional exploitation permits targeted for 2026.

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La mina de coltán de Penouta (Orense), ahora sin actividad, en una imagen de archivo
Rueda comparece ante los medios tras el Consello de hoy en Santiago.

Overview

  • The government-commissioned USC analysis estimates the full value-chain potential of Galicia’s mineral endowment at €25–45 billion.
  • The study, based on nearly 43,000 geochemical samples from 127 zones, finds significant resources in 18 of the EU’s 34 critical minerals.
  • About 75% of the potential value is concentrated in six commodities: copper, cobalt, tungsten, lithium, rare earths and tantalum.
  • Researchers identify five major mineral corridors: Santiago–Touro–Lalín, Cabo Ortegal–Moeche, Penouta–Forcarei, San Finx–Santa Comba and Vigo–Tui–Porriño.
  • The Xunta links its mining strategy to the Law of Natural Resources to ensure local benefits, emphasizes rigorous environmental review and expects more exploitation permits in 2026.