In particular, the measure will help CLC transform its mono-metallurgical refinery, exclusively extracting and producing copper to date, into a poly-metallurgical refinery. The upgraded single integrated refinery will be capable of extracting and producing several metals, namely copper, zinc, lead and silver. The aid will take the form of two direct grants totalling €26.7 million.

The Commission assessed the measure under EU State aid rules, in particular Article 107(3)(a) of the Treaty on the Functioning of the European Union (‘TFEU’), which allows aid to promote the economic development of areas where the standard of living is abnormally low or where there is serious underemployment, and the Regional Aid Guidelines (‘RAG’). On this basis, the Commission approved the Spanish measure under EU State aid rules.

A press release is available online.

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