Verde Magnesium Wants to Invest $1B in Magnesium Mining and Metallic Magnesium Plant in Romania

04.17.2024 By Alexandra Matei

Europe will resume magnesium mining for the first time in more than a decade, while the UE is trying to curb its dependence on imports of Chinese critical raw materials imports. Romania, an EU member, on Friday, April 12, 2024 granted a mining concession to Verde Magnesium, which is backed by US investment company Amerocap.

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Keywords:
Verde Magnesium
, investment