Allied Critical Metals Receives Environmental Approval for Borralha Tungsten Project in Portugal
DEFENSE
Allied Critical Metals Inc. has secured environmental approval from the Portuguese Environment Agency for its Borralha tungsten project in Montalegre, allowing it to proceed to the execution and environmental compliance report stage. The project, which aims to produce tungsten, copper, and tin concentrates, is aligned with the EU Critical Raw Materials Act and is expected to create jobs and bolster local economic development by developing an industrial-scale processing plant by the end of 2027. The latest resource estimate indicates 13 million tonnes of measured and indicated resources with an average grade of 0.21% WO3.

Jan 17, 2026, 6:27 AM