Abenójar Tungsten (“ABT” or the “Company”) is pleased to share recent support from Abenójar Municipal regarding the proposed development of the El Moto tungsten Project (“El Moto” or the “Project”) in Abenójar, Ciudad Real, Spain.
The Mayor of Abenójar, Verónica García, has expressed her strong support for the El Moto tungsten project as it nears the start of construction, describing the development as a transformative opportunity for the municipality and the wider region.
Speaking in an interview with Cope Puertollano, Mayor García highlighted the significance of the milestone after more than 14 years of project development. The Municipal Council has confirmed that the construction of the mine is expected to deliver a substantial economic stimulus to both Abenójar and the surrounding area, with the creation of approximately 200 direct jobs and significant additional indirect employment.
Institutional support
The Junta de Castilla-La Mancha has also voiced its backing for the project, highlighting El Moto as a significant development opportunity for Abenójar, both for its economic potential and for the company’s environmental and social commitments.
A mineral resource of European significance
The El Moto project, located approximately seven kilometres from Abenójar, is targeting the start of construction in 2026 with first production expected in 2029.
El Moto is one of the largest and highest grade tungsten deposits globally, and once operational, will produce a gold by-product. The resource is considered unique in Europe and is the only deposit of its kind currently at a development-ready stage.
Gonzalo Garcia San Miguel, Chief Executive Officer of Abenójar Tungsten, commented:
“We are grateful for the strong support of Mayor García, the Municipal Council and the Junta de Castilla-La Mancha. Their confidence in this project reflects a shared understanding that responsible mining can deliver lasting prosperity for the region. With construction approaching, we are focused on ensuring El Moto fulfils its potential as a cornerstone of European tungsten supply.”
