Industrial Materials Industry | Basic Materials Sector | Mr. Jaime Fransisco Perez Branger CEO | NEO-L Exchange | - ISIN |
CA Country | 77 Employees | - Last Dividend | - Last Split | - IPO Date |
Strategic Minerals Europe Corp. is a company focused on the acquisition, exploration, evaluation, and operation of mineral properties, specifically in Spain. Based in Toronto, Canada, the company has a significant interest in the Penouta project, which is located in the northwestern Spanish province of Ourense. This region is known for its rich mineral deposits, making it a strategic area for mining operations. Strategic Minerals Europe Corp.'s operation in this area underscores its commitment to tapping into valuable mineral resources, contributing to the global supply of critical minerals.
As a key product of Strategic Minerals Europe Corp., tin is a crucial metal used widely in soldering, coating, and alloying. With its production at the Penouta project, the company contributes to the global market of tin, which is essential for the electronics industry among others.
Tantalum, produced by the company, is a rare metal with significant value due to its use in electronic components such as capacitors and high-power resistors. Strategic Minerals Europe Corp.'s involvement in tantalum production plays a vital role in supplying this critical material, which is pivotal for the tech industry.
Niobium is another product offered by Strategic Minerals Europe Corp. This element is used predominantly in the production of high-grade structural steel and superalloys. The company's production of niobium supports various industries, including aerospace and construction, by providing an essential material for enhancing the strength and durability of steel and other alloys.