Business
PAN GLOBAL EXPECTED TO BENEFIT FROM THE INCLUSION OF COPPER IN THE 2023 EU CRITICAL MINERALS AND METALS LIST
PAN GLOBAL EXPECTED TO BENEFIT FROM THE INCLUSION OF COPPER IN THE 2023 EU CRITICAL MINERALS AND ...
About this update from Pan Global Resources Inc.
[{"type":"text","content":"\n \n \n \n PAN GLOBAL EXPECTED TO BENEFIT FROM THE INCLUSION OF COPPER IN THE 2023 EU CRITICAL MINERALS AND METALS LIST\n \n \n /* Style Definitions */\nspan.prnews_span\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\na.prnews_a\n{\ncolor:blue;\n}\nli.prnews_li\n{\nfont-size:8pt;\nfont-family:\"Arial\";\ncolor:black;\n}\np.prnews_p\n{\nfont-size:0.62em;\nfont-family:\"Arial\";\ncolor:black;\nmargin:0in;\n}\n \n \n \n \n \n \n Canada NewsWire\n \n \n \n \n \n TSXV: PGZ      OTCQB: PGZFF\n \n \n \n \n \n VANCOUVER, BC\n \n \n ,\n \n \n March 21, 2023\n \n \n /CNW/ - Pan Global Resources Inc. (\"Pan Global\" or the \"Company\") (TSXV: PGZ) (OTCQB: PGZFF) is pleased to note the inclusion of copper as one of the key metals in the newly released European Union's Critical Minerals and Metals List. The new list identifies the most critical minerals and metals that are essential to the EU's economic growth and its transition to a low-carbon and digital economy.\n \n \n \n \n \n \n \n \n \n The EU's focus on critical metals and minerals could provide significant benefits to Pan Global and other companies exploring and developing mineral resources in\n \n Europe\n \n . The EU has made a commitment to support the sustainable supply of these critical metals and minerals, including copper, and has identified potential funding opportunities and tax incentives to support companies in this sector.\n \n \n The inclusion of copper on the Critical Minerals and Metals List is expected to provide direct benefit to Pan Global's Escacena copper project in\n \n Spain's\n \n Iberian Pyrite Belt. The Iberian Pyrite Belt is one of the most important mineral provinces in\n \n Europe\n \n and arguably the most significant Volcanogenic Massive Sulphide mining district for copper and other metals globally. The EU's recently announced support for copper as a critical metal underscores the importance of Pan Global's copper project, which has the potential to supply the EU with a reliable source of this essential metal. In a recent study conducted by the European Commission, it was reported that the EU imports 48% of its current copper requirements, the majority of which derives from Chilean exploration and extraction and from Chinese processing facilities.\n \n \n \"The inclusion of copper on the EU's 2023 Critical Min...