Allied Critical Metals Announces Receipt of Environmental Permit for the Borralha Tungsten Project in Portugal

Executive Summary

• Allied Critical Metals announced receipt of a favourable Environmental Impact Declaration (DIA) from Portugal’s Environment Agency for its 100% owned Borralha Tungsten Project.
• The DIA clears a major permitting hurdle, allowing the project to move into the Project Execution and RECAPE (Environmental Compliance Report) phases and subsequent licensing steps.
• Allied highlighted the strategic importance of the project for EU critical raw material supply chains and outlined next‑step activities including detailed engineering, additional environmental/social studies, and continued stakeholder engagement.

Key Details

• Regulatory Approval: Portuguese Environment Agency issued a favourable Environmental Impact Declaration (DIA) subject to standard regulatory conditions for the Borralha Tungsten Project.
• Additional Recognition: Received a formal Letter of Recognition from idD Portugal Defense, designating the project as a strategic initiative for national defense supply chains.
• Project Advancement: Milestone enables progression to Project Execution and RECAPE stage, followed by further licensing under Portuguese mining legislation.
• Strategic Context: Borralha is positioned to support EU Critical Raw Materials Act objectives, diversifying tungsten supply for industrial, energy transition, and defence applications.
• Environmental Design Features: Underground mining with limited surface disturbance; closed‑loop water management; filtered dry‑stacked tailings; comprehensive monitoring and mitigation plans.
• Economic Impact: Anticipated generation of skilled employment, local procurement, and regional economic development in Montalegre municipality.
• Timeline Outlook: Company aims to complete an industrial‑scale processing plant at Borralha by the end of 2027, contingent on further permitting.
• Next Steps: Prepare Project Execution and RECAPE documentation; advance detailed engineering studies; conduct additional environmental and social assessments required by DIA conditions; maintain engagement with regulators and local stakeholders.

Notable Quotes

“The issuance of the Environmental Impact Declaration for the Borralha Project represents an important regulatory milestone for Allied… it allows the Company to advance the Borralha Project into the next stage of permitting and detailed engineering.” – Roy Bonnell, CEO & Director

“This approval creates the conditions for a new chapter based on modern environmental standards, transparency and respect for local communities.” – João Barros, President, COO & Director