Allied Critical Metals' Borralha Tungsten Project Wins EU Strategic Project Status

Allied Critical Metals has received European Union Strategic Project designation for its wholly owned Borralha tungsten project in northern Portugal. The project is the only Portuguese and only tungsten extraction project among 46 selected under the EU Critical Raw Materials Act. The designation offers coordinated permitting support and help finding public and private financing, but it does not guarantee funding or waive environmental requirements.
Borralha is Allied Critical Metals’ wholly owned tungsten asset in northern Portugal. It was the sole Portuguese entry and the only tungsten extraction venture among 46 projects chosen in the European Commission’s latest Critical Raw Materials Act selection.
The EU designation brings coordinated help with permits and assistance in locating public or private funding, though funding is not assured. Extraction permits normally face a 27-month ceiling, though environmental impact assessment preparation is excluded. Borralha already holds a favourable Environmental Impact Declaration. Its November 16, 2025 estimate lists measured resources of 1.0 million tonnes at 0.22% WO3, indicated 12.0 million tonnes at 0.21%, and inferred 7.7 million tonnes at 0.18%.
The designation could affect northern Portuguese communities through potential jobs, infrastructure, and land-use changes tied to mine development, while environmental oversight remains in place. European manufacturers and industrial supply chains may gain a more diversified tungsten source if the project advances, though financing and permits are not assured. Local residents, workers, and downstream firms may see benefits or disruptions depending on how the project is built and regulated. This remains a possible outcome, not a certainty.