The European Commission granted strategic status to Eldorado Gold’s (TSX: ELD, NYSE: EGO) Skouries copper-gold mine in Greece,, positioning one of Europe’s largest new mining projects for faster permitting and improved access to financing as it ramps up production. The designation, the Canadian miner announced on Oct. 9, places Skouries among 46 projects selected under the EU’s Critical Raw Materials Act (CRMA). The backing comes as the EU looks to strengthen its domestic supply chain of critical metals and enhance long-term supply, breaking free from its reliance on China for them.
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