Técnicas Reunidas allies with the Australian company Osmond to develop the largest rare earths plant in the EU in Jaén

Técnicas Reunidas has signed a collaboration agreement with Osmond Resources Limited for the development of the Orión Project, a strategic initiative located in the province of Jaén that aims to establish one of the first complete rare earth value chains in the European Union.

The project encompasses the entire process, from mining to processing and the production of final products, positioning itself as a European leader in the production of mixed carbonates and rare earth oxides. This initiative will significantly contribute to strengthening Europe’s strategic autonomy in the supply of critical raw materials.

Proprietary technology for the development of critical minerals

The project will be carried out over an area of more than 220 km² in the north of the province of Jaén and will enable the recovery of monazite, a mineral rich in elements such as neodymium, praseodymium, and dysprosium, which are essential for advanced technological applications such as permanent magnets, batteries, and electronic components.

Técnicas Reunidas will contribute its proprietary RARETECH technology to the project, an advanced solution based on hydrometallurgical processes and solvent extraction (SX), which enables the efficient production of rare earth compounds from mineral raw materials.

This technology, developed at the José Lladó Technology Center, is part of the company’s commitment to developing sustainable solutions for the recovery and processing of critical raw materials from both primary and secondary sources.

A key project for the energy transition and European industrial sovereignty

Rare earths are essential for strategic sectors such as the energy transition, digitalization, defense, and electric mobility. Currently, global production is highly concentrated, leading to a strong dependence on third countries.

The Orion Project addresses this challenge by developing industrial capabilities within the European Union, helping to diversify supply and reduce geopolitical risks.

Industrial scope and project execution

Osmond Resources Limited will own the asset, while Técnicas Reunidas will be responsible for engineering, procurement, and construction (EPC) services, as well as technological integration.

The estimated investment for the project ranges between 200 and 300 million euros, depending on the final scope, and the plant is expected to begin operations in approximately three years.

Platform for future international collaborations

This agreement represents a strategic step for Técnicas Reunidas in the field of critical minerals, consolidating its position as a technology provider and industrial partner in high-value-added projects.

Likewise, the collaboration with Osmond Resources Limited opens new opportunities for the joint development of similar projects internationally, as well as for the expansion of the company’s technological capabilities in the field of strategic metals.

Commitment to innovation and the circular economy

Técnicas Reunidas actively participates in European and international initiatives aimed at developing sustainable value chains for critical raw materials, including projects for the recovery, recycling, and upcycling of materials.

These initiatives reinforce the company’s commitment to innovation, sustainability, and the transition toward a more circular and resilient economy.

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