How many court cases in Spain involving mines have you seen end up in a just and fair outcome? Rinse and repeat: foreign mining company shows up in Spain and wins a tender, gets to work, spends mega $$, comes close to a finish line, only to have something yanked from them (titles, permits, rights of some kind), court challenges locally, court challenges federally, etc. Foreign co loses and goes home. The list of burned foreign companies is sadly very long.
Spain has lots of existing mines and is considered a friendly mining jurisdiction. What you are talking about is more common for Africa, Central, and South America. The EU is looking to increase their critical metals supply and Spain is a big part of that.
How many court cases in Spain involving mines have you seen end up in a just and fair outcome? Rinse and repeat: foreign mining company shows up in Spain and wins a tender, gets to work, spends mega $$, comes close to a finish line, only to have something yanked from them (titles, permits, rights of some kind), court challenges locally, court challenges federally, etc. Foreign co loses and goes home. The list of burned foreign companies is sadly very long.
Spain has lots of existing mines and is considered a friendly mining jurisdiction. What you are talking about is more common for Africa, Central, and South America. The EU is looking to increase their critical metals supply and Spain is a big part of that.
https://www.reuters.com/markets/commodities/eus-hunt-critical-minerals-2023-12-18/
https://www.emeritaresources.com/news-and-media/news-releases/emeritas-iberian-belt-west-project-ibw-has-been-granted-with-the-declaration-of-strategic-interest-by-the-junta-of-andalusia
https://www.statista.com/topics/10382/mining-industry-in-spain/#topicOverview
I'm actually going to publish a special situation involving a central american mine with the above set of circumstances soon that you describe