Race for Critical Minerals Leaves EU Struggling to Keep Up

rss · Bloomberg 2026-05-11T04:00:13Z en
The Trojarova antimony mine project, owned by Canada-based Military Metals Corp.,  near Pezinok in Western Slovakia. Amid a hotly contested global race for minerals, a mining project in Slovakia illustrates the EU’s struggle to get its act together. For the European Union, the fate of a Cold War-era mine near Bratislava is becoming a litmus test for its ambition to break free from China’s chokehold over critical minerals. Sitting in a wooded range of hills in Slovakia known as the Little Carpathians, the so-called Trojarova project is where Soviet engineers first discovered a rich seam of antimony in the 1980s. Its owners, Canada-based Military Metals Corp, are pitching the facility as a chance for Europe to secure access to an uncommon metal used in military equipment.
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