Overview
About Us
- Verde Magnesium Will Be The EU’s Dedicated Primary Metallic Magnesium (Mg) Producer, offering Europe an Internal Supply Alternative For Its Demand Which Is Currently 100% Imported
- Brownfield redevelopment of a previously fully permitted project and renewal of feasibility studies
- Production can start by 2025 subject to the ability of National Agency for Mineral Resources of Romania (NAMR) to issue a mining license tender within its existing laws/procedures
- EU location provides access to the large automotive, aerospace and aluminum sectors of Europe as well as incentives aligned with the EU Green Deal and EU Industrial Strategy
- World class management team with successful track-records in Magnesium Industry
- Equity sponsor with strong investment track-record in building natural resources ventures, having successfully transacted with energy supermajors and Western governments