EU Grants Strategic Status to Verde Magnesium Project, Aiming for 90,000 Tons Annual Production by 2036

Published: Oct 16, 2026 15:54 (GMT+8)

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【SMM Titanium Flash】On October 13th, the European Commission granted the strategic project status of the key raw material bill for the processing link of the Verde Magnesium Industries project in Romania. Together with the previously approved mining link, this project has become the only one in Europe to obtain CRMA strategic status across the entire value chain of primary magnesium. Its phased production roadmap shows that the annual production target is set at 360 tons in 2028, increasing to 30,000 tons in 2031, and further expanding to 90,000 tons in 2036. With the establishment of strategic status across the entire chain, the construction of local primary magnesium supply capacity in Europe is expected to accelerate.

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