Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Translation part two
Interregional and intersectoral impact at European level
Eleven European partners participate in the MINE.THE.GAP project, of which 9 are industrial clusters representing more than 1,000 members and up to 529 SMEs. The participating countries (Germany, Bulgaria, Finland, France, Poland, Portugal and Spain) represent more than 50% of all SMEs in the mining sector in Europe, which gives an idea of ??the potential impact on the sector in terms of competitiveness and growth economic of SMEs.
MINE.THE.GAP will be strongly oriented to the promotion of interregional and intersectoral collaboration at the European level, which implies that projects that involve synergies not only between different sectors but also between the different participating European regions will be favored.
Both the Cluster for Sustainable Mining and the ICAMCyL Foundation trust that this project will alleviate the technological backwardness and lack of economic resources of national mining SMEs when investing in new technologies that improve their productivity and the sustainability of the sector in their set.
After the launch of the project in June, it is expected to launch a first round of financing as soon as possible, foreseeably in September, to which all those SMEs in the mining sector that present new ideas for modernization in collaboration will be invited. with technology provider companies. In this sense, the Cluster for Sustainable Mining will make a notable effort to prepare and communicate so that SMEs belonging to the association present innovative and competitive projects.
The general director of the ISMC, Santiago Cuesta López, has pointed out the enormous impact that this project will have for SMEs in the mining sector: 'The MINE.THE.GAP project is a magnificent opportunity for the mining sector to embrace the new technologies and is incorporated into the sustainability and circularity trends of the rest of the European industry '. Also
Translation
The Cluster for Sustainable Mining achieves its first European project, MINE.THE.GAP, which will mean € 4 M in direct aid to mining SMEs
UNDER: NEWS
The 'MINE.THE.GAP' project, coordinated by the ICAMCyL Foundation, has a budget of € 5 million, of which more than € 4 million will be used to finance innovation projects and other additional services for mining and mining SMEs. raw materials in collaboration with technology companies from other sectors. This financing will be channeled through 9 European industrial clusters, including the Cluster for Sustainable Mining.
The Cluster for Sustainable Mining has achieved its first European project within the Horizon 2020 research and innovation program. The MINE.THE.GAP project belongs to the INNOSUP call, whose objective is to provide technical and financial support to SMEs through industrial clusters . This project will have a decisive impact on the mining and raw materials sectors, since most of its budget (around € 4 million) should be allocated to financing innovation projects and services in SMEs in these sectors .
During the three-year duration of the project, there will be at least two calls open to SMEs to carry out innovation projects in the mining sector. These projects must have an SME from the raw materials and mining sector, and two technology providers in the fields of ICT, circular economy, advanced manufacturing or resource efficiency. Around 30 projects will be financed, benefiting up to 90 SMEs among technology providers and the mining sector.
In addition to these financing rounds, the MINE.THE.GAP project will offer free services to SMEs from all participating sectors in terms of internationalization, technological surveillance, technology transfer, training, search for partners and exchange programs. These services are expected to give a decisive boost to the modernization of the mining sector, one of the hardest hit in terms of productivity and employment in recent decades in Europe.
A decisive help for the economic recovery after the COVID-19 crisis
This project comes at a critical time for our local economies, which have been severely affected by the stoppage of activity due to COVID-19. As stated by Santiago Cuesta, general director of the ISMC: “MINE.THE.GAP is going to be a unique opportunity for mining SMEs to make use of European financing to stimulate the return to activity after the stop of the last months." Santiago Cuesta has also indicated that the possibility of creating an urgent round of financing aimed specifically at alleviating the effects of the crisis on SMEs in sectors of interest to the project is being explored.
Interregional and intersectoral impact at European level
Eleven European partners participate in the MINE.THE.GAP project, of which 9 are industrial clusters representing more than 1,000 members and up to 529 SMEs. The participating countries (Germany, Bulgaria, Finland, France, Poland, Portugal and Spain) repres
I've seen many great announcements over the years marked down on the day the news was released so another 12% will do me fine. You have to understand the games the market plays if you wanna win. It's been a good week, edging upwards just as I proposed it would, back to that 30p mark. Once there who knows, depends on news and how it reacts at that level. Let todays news sink in and buyers will be back strongly next week. Nice buy at 20p at close of play today as someone spotted.
Todays news was more like it and the scale was definitely a surprise. We still don't have funding but this certainly can't hurt our chances of securing it. The chart perking up a couple of weeks ago gave me some optimism after 3 plus years of despair surrounding EUZ now the fundamental news is backing up what the chart is showing me. I've cautiously raised my rec to 'buy' from hold, even without funding It's clear their is enormous value here.