The European Commission will finance with 615 million euros three mineral mining projects in Romania

Marcel Ciolacu explained that the three strategic projects in Gorj, Hunedoara and Bihor, for the extraction of graphite, copper and magnesium, which were approved by the European Commission on Tuesday, will be financed with 615 million euros. The head of government added that these minerals that will be mined will be used primarily in energy, aviation and defense industries.

Economy Minister Bogdan Ivan said on Wednesday that this year we will have our drones and we will have our own powder in about two and a half years, he said that those in the ministry are working together with those from the MAPN on the needs of the Romanian Army.

The European Commission will finance with 615 million euros the three investments in the exploitation of graphite, magnesium and copper in Romania, included in the list of strategic projects regarding critical raw materials, Prime Minister Marcel Ciolacu and the Minister of Economy, Bogdan Ivan, stated. “The European Commission will finance with 615 million euros three strategic projects for […] The article EC will allocate 615 million euros in …

Prime Minister Marcel Ciolacu announced on Tuesday, March 25, that Romania will receive 615 million euros of funding from the European Commission for three large projects to exploit rare minerals, “which all the great economic powers of the world are beating”.

Romania has three strategic projects on the list of 47 announced by the European Commission.

Prime Minister Marcel Ciolacu announced on Tuesday the European Commission's decision to finance three strategic projects for the future of the economy, in Gorj, Hunedoara and Bihor, with 615 million euros, concerning the exploitation of minerals that all the world's major economic powers are fighting over: graphite, magnesium and copper, which are used first and foremost in energy, aviation and the defense industry, news.ro reports.