Eldorado Gold’s Skouries Mine Designated as a Strategic Project Under the EU Critical Raw Materials Act
Key Highlights
- ➤Skouries designated an EU Strategic Project under the Critical Raw Materials Act
- ➤Skouries recently began operations with an approximately 20-year mine life
- ➤More than US$2 billion invested in Skouries development
- ➤Skouries expected to become a significant copper and gold producer
Expert Statements
Christian Milau, President and Chief Executive Officer of Eldorado Gold
“The designation of Skouries as a Strategic Project underscores its importance not only to Greece, but also to Europe as a whole.”
Christian Milau, President and Chief Executive Officer of Eldorado Gold
“As one of the largest new copper-gold mines in Europe, Skouries is positioned to support the secure and responsible supply of critical raw materials that are essential to economic growth, industrial competitiveness and the energy transition.”
Christian Milau, President and Chief Executive Officer of Eldorado Gold
“This recognition highlights the strategic significance of the project and the important role it can play in strengthening Europe’s long-term supply chain resilience.”
VANCOUVER, British Columbia, Oct. 09, 2026 (GLOBE NEWSWIRE) -- Eldorado Gold Corporation (TSX: ELD, NYSE: EGO) (“Eldorado” or the “Company”) today announced that the European Commission has designated its Skouries copper-gold mine in northern Greece as a Strategic Project under the European Union’s Critical Raw Materials Act (“CRMA”).
The designation recognizes the importance of Skouries in supporting the European Union’s efforts to strengthen domestic supply chains for critical raw materials and enhance long-term supply security. Copper is listed as a strategic raw material under the CRMA and is a critical metal for electrification, renewable energy infrastructure, advanced manufacturing, and Europe’s broader energy transition.
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