EIT RawMaterials-backed El Moto mine set to boost EU tungsten supply by around 20%
The El Moto tungsten and gold project in Ciudad Real, central Spain, reached a major milestone last week with the inauguration of its mine.
Construction is under way, with production expected to begin in 2029. Once operational, El Moto is projected to increase the EU’s tungsten supply by around 20%.
Operated by Abenójar Tungsten S.A. (ABT), El Moto will provide a significant new European source of tungsten. Tungsten is an exceptionally hard and heat-resistant metal, making it essential for many products and technologies that need to withstand extreme heat or heavy wear. It is used in cutting and drilling tools, electronics, vehicle components and aerospace technologies, among other applications. Because tungsten is difficult to replace in many of these uses, the EU classifies it as a critical raw material.
EIT RawMaterials support for El Moto
Since 2022, EIT RawMaterials, through the EIT RawMaterials Alliance (ERMA), has supported El Moto with technical expertise, access to financing opportunities and help to secure agreements with future buyers. ERMA identifies promising European critical raw materials projects at an early stage and helps them develop the connections they need to attract further investment. It connects projects with investors and provides access to funding opportunities, expertise and a Europe-wide network of industry and innovation partners.
Supporting responsible mining and local jobs
El Moto also aims to combine a secure European supply of tungsten with responsible mining and benefits for local communities. The underground mine is designed to minimise the amount of land used on the surface. It is expected to create more than 400 highly skilled jobs and operate for an initial 18 years, with the potential to continue for longer.
Reducing Europe's dependence on tungsten imports
Tungsten has the highest melting point of any metal, at 3,422°C, and is exceptionally hard and durable. These properties make tungsten difficult to replace in many industrial and high-tech applications, including electronics, vehicles, energy technologies and aircraft. Europe remains highly dependent on imports, with more than 80% of its tungsten supply coming from China. This dependence has become a growing concern following Chinese export controls. With global demand projected to grow, the EU has shortlisted tungsten for its first joint strategic stockpile.
Projects such as El Moto can therefore help Europe secure more of the tungsten it needs from within the EU and reduce its reliance on imports.
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