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February 23, 2026

Técnicas Reunidas and Osmond Resources are to carry out in Spain the European Union’s first fully integrated rare earth production project

  • The implementation of the agreement signed between the two companies will represent a significant step forward in the exploitation of a resource that has high economic value and is subject to significant geopolitical risk.
  • Técnicas Reunidas will contribute its proprietary technology (RARETECH@) to the project, which enables the extraction of rare earth concentrates in the form of carbonates from minerals.
  • The so-called EU Critical Minerals Orion Project will focus on the production of mixed rare earth carbonates and oxides.
  • It will be developed in an area of over 200 square kilometers located in the north of the province of Jaén.
  • RARETECH® is part of Técnicas Reunidas’ portfolio of proprietary technologies for the recovery of critical raw materials, rare earths, and other products that the Spanish company has already supplied or tendered in the United States, Japan, Austria, Switzerland, Australia, Spain, South Africa, Brazil, and Turkey.

Técnicas Reunidas and the Australian company Osmond Resources Limited have signed a collaboration agreement to carry out the first comprehensive project —from mining to plant construction— for the production of mixed rare earth carbonates and oxides in the European Union (EU).

The agreement will enable, through Técnicas Reunidas’ proprietary technology, the joint implementation of the EU’s Orion Critical Minerals Project, which is being developed by the Australian company across an area of more than 220 square kilometers in the north of the province of Jaén.

The project will enable the production of rare earth concentrates from monazite, a phosphate containing neodymium, praseodymium, and dysprosium, amongst other rare earths that are essential for advanced technological applications, such as magnets, batteries, and electronic components.

Rare earths are a group of 17 chemical elements of great economic value, as they are essential for digitalization, the energy transition, defense, and the aerospace industry, amongst other strategic applications. They are also subject to high geopolitical risk, as their production is concentrated in a few countries (60% of reserves are in China) and they have few alternatives.

Osmond Resources, one of the most active companies in the development of projects focused on the production of critical minerals, with a particular focus on the European Union, has already started the initial drilling program in the specified area, and tests carried out to date have confirmed the presence of high levels of these minerals.

The Australian company will own the critical materials production plant, and Técnicas Reunidas will contribute to the project, in addition to engineering, procurement, and construction services, as well as its proprietary technology, RARETECH@, which enables the extraction of rare earth products in the form of carbonates and oxides from minerals.

Técnicas Reunidas’ technologies for the production of critical materials

RARETECH® is part of the portfolio of proprietary technologies that Técnicas Reunidas has developed, through its Proprietary Technology Development Division and its Technology Center, for the recovery, processing, and refining of critical minerals and essential metals, as well as other products generated through the circular economy. Solvent extraction (SX) is at the heart of these solutions, and RARETECH@ makes Técnicas Reunidas a global leader in SX.

Among the other technological solutions developed by the company in this field, the following stand out: PHOS4LIFE@, which consists of a hydrometallurgical process enabling the recovery of phosphorus from the ash produced by the incineration of sewage sludge; ZINCEX@, which enables the recovery of high-purity zinc from waste; and Mn25GAIN@ for the production of High Purity Manganese Sulphate (HPSM) from primary and secondary sources.

Other proprietary technologies of particular relevance are ECOLEAD@, focused on the recovery of lead and silver, and RECYCLION@, which enables the recovery of lithium, cobalt, nickel, manganese, and phosphorus from the black mass obtained from the recycling of electric car batteries to manufacture new batteries.

These technological solutions from Técnicas Reunidas are already in operation or are being tendered in the markets of the United States, Japan, Austria, Switzerland, Australia, Spain, South Africa, Brazil, and Turkey, amongst others. 

Furthermore, the company is actively involved in developing national and international projects related to critical raw materials.

 In particular, it leads the PERMANET (PERmanent MAgnet Network for the European Transition) project, promoted by the European Commission (EC) under its Horizon program, to create the first complete European value chain for the production of permanent magnets from rare earths. It also collaborates on the Future Fast Forward project for the recovery of metals and critical raw materials from the electrical components and supermagnets of electric cars, as well as on the ECOTRON project for the recycling of electronic devices, both funded by the EU.

At the national level, amongst other activities, it leads the Misiones Minethic project for the selective recovery of rare earths, and plays an active role in the Misiones Sunrise and Eclipse projects for the reuse of critical raw materials from photovoltaic panels and the recycling of complex polymeric waste, respectively. All of these are funded by the Center for Industrial Technological Development (CDTI) of the Ministry of Science, Innovation, and Universities.

About Técnicas Reunidas

Técnicas Reunidas is a global engineering firm. It has developed over 2,600 projects in more than 70 countries in its 66-year history.

It specializes in the design and construction of large industrial plants dedicated primarily to producing clean fuels, natural gas, and chemicals.

The company is also at the forefront of technologies and solutions related to the energy transition, the circular economy, and the decarbonization of facilities.

With a workforce of nearly 14,000 employees—most of whom are highly qualified engineers—the company’s headquarters in Spain is a major engineering center of excellence.

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