Sustainable Copper Production Project Unveiled in Galicia by Cobre San Rafael
Cobre San Rafael has introduced the first sustainable copper production project in Galicia, set in Touro-O Pino (A Coruña). This initiative, compliant with all EU and national regulations and the stringent requirements of the Xunta, is poised to become a benchmark for sustainable mining in Europe and a significant milestone for the local industry.
The Touro-O Pino project was declared a Strategic Industrial Project by the regional government, meeting three key criteria: a minimum investment of 20 million euros, job creation of at least 100 direct jobs, and complementing value chains in strategic sectors aligned with European objectives. The investment for Cobre San Rafael will be approximately 200 million euros, creating over 400 direct jobs.
Despite its strategic status, the project adheres to all processing requirements and guarantees set by law, ensuring thorough technical and administrative procedures, including public presentations. The Xunta’s documentation highlights the project's importance for the Galician industry and its role in addressing challenges such as the energy transition.
Alberto Lavandeira Adan, CEO of Atalaya Mining, expressed satisfaction with the administration's approval, emphasizing the project's legal compliance, technological excellence, and consideration for the local territory. The initiative is expected to have a direct economic impact exceeding 2,500 million euros on Galicia, particularly benefiting the metal product manufacturing and construction sectors. Approximately 66% of the total expenditure will be from Galician suppliers, with 42% located in the Touro-O Pino area.
The project also underscores a strong social and environmental commitment. Cobre San Rafael has invested 3.4 million euros in water channeling and recovery in the area and implemented the 'TERRAS' program to enhance the environment and economic development through CSR strategies. Over the past few years, project leaders held over 300 meetings, with nearly half involving local associations and organizations in the Arousa estuary. Independent reports estimate annual allocations of 500,000 euros to social projects, with total investments reaching up to seven million euros.
