on Eurobattery Minerals AB
Eurobattery Minerals Reports on Q2 2026 Progress at San Juan Tungsten Project
On 31 July 2026, Eurobattery Minerals AB released its second-quarter report detailing advancements in the San Juan tungsten project. The Stockholm-based company reinforced its financial and operational footing while making strides in its Finnish Hautalampi initiative. Notably, Eurobattery strengthened its ownership in Tungsten San Juan S.L. to 58.58% and secured a convertible bond facility of up to SEK 60 million.
Key hires included Pedro Jiménez de Francisco as Project Director and Alba Valle Pajares as Technical Manager, strengthening project management. Financially, net sales remained at SEK 0, with a narrowed operating loss of SEK -3,855 thousand from the previous year's SEK -8,366 thousand.
Eurobattery's commitment to responsible mining saw FinnCobalt joining the EUMINDA initiative, contributing to mine restoration practices. Overall, Eurobattery's progress underpins Europe's focus on securing sustainable raw material supplies.
R. H.
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