Aim-listed Bluejay Mining has joined the European Raw Materials Alliance (Erma).
Erma was launched in September by the European Commission, as part of its action plan on critical raw materials.
The action plan defines the steps that Europe must take to diversify and strengthen supply chains, decrease dependency on other countries, and reduce reliance on critical raw materials by securing access to sustainable raw materials.
Establishing Erma is the first of several actions devised by the European Commission to achieve the objectives of securing access to sustainable raw materials, advanced materials, and industrial processing know-how.
The activities by the alliance will comprise strategic investment, industrial production and creation of environmentally sustainable and socially equitable innovations and infrastructure.
Bluejay CEO Rod McIllree says the continent is witnessing a critical turning point as it shifts towards green and technology-focused economies.
“Erma will be an important instrument for Europe and Bluejay and its project portfolio is well positioned to be an intrinsic part of the sustainable and dependable supply of raw materials needed to support societal needs, the green transition, battery metals and renewably energy solutions through sustainable mining.”
Bluejay is working towards advancing the Dundas ilmenite project, in Greenland. Once in production, it will produce the primary ore for titanium, which is classified as a critical raw material by the European Commission.
The company also has a wider project portfolio in Greenland, as well as Finland, with exploration projects prospective for base metals such as copper, nickel, cobalt and platinum group metals.