Building Europe’s own supply of critical raw materials

Hercinia is a Luxembourg company set up to acquire, finance and develop critical raw material deposits in Europe and the plants that process them.

The middle

Between the deposit and the factory

Europe has deposits, and it has industry. Between them sit concentration, refining and conversion, and that is where Europe falls furthest short. Hercinia is set up to own both the deposits and the plants in between, and to take the material through to an industrial specification.

About Hercinia

Independence starts in the ground.

Sovereignty needs a supply of its own.

Platform model

Three functions along one chain

  1. 01

    Acquire

    Controlling stakes in deposits and in the plants that process them.

  2. 02

    Finance

    Capital backed by ore bodies, permits and plants, open to public and industrial co-investors.

  3. 03

    Develop

    From resource to qualified material: permits, construction, qualification and offtake.

A terrain model on an oak table in a bright office: an open pit, a processing works, a river and wooded hills, cut at the edge to show the layers of the ground.

Every site, planned as a whole.

Before the first permit, Hercinia will work out where the rock comes out, where it is processed and what the land becomes afterwards.

Atlas

The gap is in the middle

Europe’s Critical Materials Atlas tracks 35 materials from public sources: where they come from, where the dependency sits and what governments are doing about it.

EU processing capacity

24%

of EU consumption, against a 2030 benchmark of 40%

Source: European Court of Auditors, Special report 04/2026, Critical raw materials for the energy transition (data for 2016 to 2020)

China

22of 35

materials where China holds the largest share of world mining or processing

Source: USGS 2026; IEA 2026

Import reliance

18of 35

materials for which the EU imports 90% or more of its supply

Source: European Commission, 2023 study

Material focus

Initial perimeter: twelve materials, four groups

For five of them, EU import reliance is 100%.

Sources: European Commission, 2023 study; magnetite: GMK Center, 2025