Government provides €110 million for lithium extraction
The government has committed €110 million to support lithium extraction projects despite strong public opposition. Environmental groups describe the funding as a 'blank cheque' paid for by taxpayers, arguing it risks local ecosystems and undermines sustainability claims. The injection of public funds raises wider questions about fiscal priorities, state backing for critical minerals, regulatory oversight and democratic legitimacy amid popular resistance.
Tender for lithium prospecting could go ahead this year, admitted the Environment Minister
The Environment Minister admitted today that the tender for lithium prospecting and exploration could be launched still this year, stressing that the Government is finalising its strategy for critical raw materials.
Associação Zero condemns the government 'blank cheque' to the Barroso mine
The government granted financial support of up to €110 million to Savannah for the lithium project in Boticas.
A quarter of the €110 million support for Savannah depends on performance
Savannah obtained €110 million in support for the Barroso lithium project, as ECO reported on Friday. The investment support — which is granted alongside three other large projects at other stages of the same battery value chain (Calb, Lift One and Topsoe) — is ...
Investments by Calb, Lift One, Savannah and Topsoe to receive €678 million in support
Calb, Lift One, Savannah and Topsoe will receive €678 million in national funding under the €1 billion incentive scheme for strategic investments, an official Compete source told ECO. The support concerns €3 billion of investments in lithium projects. Drafts of the contracts ...
