ASX-listed Apollo Minerals has announced the Euronext Growth Paris Exchange has formally approved the company's listing of its ordinary shares on the exchange.

The company's flagship asset, the Couflens high grade tungsten/gold project, in France, includes the Salau mine which historically was one of the world’s highest-grade tungsten operations, with mining grades averaging 1.5% tungsten trioxide during its operations from 1971 to 1986.

Tungsten is classified under the EU's Critical Raw Materials Act as both a critical raw material and strategic raw material.

France and the broader EU region consider tungsten to be among the most economically important and supply-vulnerable raw materials, noting its importance in defence, aerospace, industrial manufacturing and energy transition applications.

Accordingly, Apollo's Paris listing represents a natural strategic step for the company given the location of the Couflens project and the growing importance of securing domestic and European sources of critical raw materials. The cross-listing is also expected to raise the company’s profile in global capital markets and provide access to a deep pool of European investors.

Trading in the company’s shares on the Paris exchange will occur under the ticker "ALAON".

Apollo retains its existing listing on the ASX, with the company's shares due to be fully transferable between the ASX and Euronext.

Apollo Minerals MD Neil Inwood says the admission of Apollo to trading in Paris represents an important milestone in the company's development.

"As the owner of the Couflens project, we believe Apollo is uniquely positioned to participate in Europe's efforts to secure strategic and critical mineral supply chains. We look forward to engaging with a broader European investor base and increasing awareness of the company's high-quality asset portfolio, while continuing to advance and create long-term value for shareholders," Inwood states.

Euronext is the leading equity listing venue in Europe, with more than €6.8-trillion in aggregate market capitalisation and average daily volumes of more than €11-billion, reaching a large diversified pool of more than 4 200 active institutional investors across 80 countries.