Mina El Moto plans to go to the London Stock Exchange to accompany Riontinto and Barroso
The relaunch of mining in the Iberian Peninsula is going through the British stock exchange.
Abenajar Tungsten, a mining company controlled by the García San Miguel family, is considering a public sale of shares to list on the London stock exchange by the end of the year. The company has a project to produce tungsten and gold at the El Moto mine in Ciudad Real, Spain, which is one of seven mining investments in Spain declared strategic by the European Commission.
Abenajar Tungsten has appointed Bank of Montreal, Deutsche Bank, and Peel Hunt to coordinate the potential placement. The company's investment in the El Moto mine is estimated to be around 70 million euros, with production expected to start in 2029.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
