About

Built to develop critical materials for Europe

Hercinia is a Luxembourg company set up to acquire, finance and develop deposits and the plants that process them. One company from deposit to qualified material, with the same standards and the same public record for every asset it comes to hold.

Material focus

Four groups of materials

Pale grey spodumene concentrate, from above.

Battery and electrification

Red potash grains, from above.

Agricultural inputs

Dark wolframite grains, from above.

Defence and manufacturing

Sectors

Six sectors run on them

Energy, batteries, agriculture, steel, defence and advanced manufacturing: each needs a different mix of the twelve materials.

  1. From above: transformers, gantries and insulators at a high-voltage substation, a field beside it.
    01

    Energy

    Grids, storage and power from wind and sun.

    On current projects, the IEA expects world copper mine supply to fall about 25% short of demand in 2035. IEA 2026

  2. From above: trays of cylindrical battery cells on two production lines, a technician checking a tray.
    02

    Batteries

    Cells for cars, trucks and storage.

    An electric car with a 75 kWh NMC battery holds about 66 kg of graphite, 53 kg of copper, 40 kg of nickel and 9 kg of lithium. IEA 2021

  3. From above: a tractor spreading fertiliser on a field of young wheat.
    03

    Agriculture

    Fertiliser for the soils that feed Europe.

    The EU relies on imports for 82% of its phosphate rock. European Commission, 2023 study

  4. From above: rows of steel coils in a warehouse, a crane lifting one.
    04

    Steel

    Alloys, and the move to steel made by direct reduction.

    Announced direct-reduction plants would need 190 Mt of pellets a year, against 48 Mt in 2025. GMK Center 2026

  5. From above: a jet engine on an assembly stand, two technicians at work.
    05

    Defence

    Armour, airframes, engines and munitions.

    Aerospace and defence could need 600 to 700 kt of titanium over the next decade, with a cumulative supply gap of about 100 kt. Roland Berger 2026

  6. From above: machining centres milling light-alloy parts, finished parts laid out on a bench.
    06

    Advanced manufacturing

    Cutting tools, light alloys, glass fibre and magnets.

    The EU gets 97% of its magnesium from China. European Commission, 2023 study

Context

Europe’s 2030 benchmarks

The Critical Raw Materials Act sets four benchmarks for 2030. On the European Court of Auditors’ estimates, the EU falls short of all four.

EU capacity, 2016 to 2020, against the 2030 benchmarks

Extraction in the EU

About 8%, benchmark 10%

Processing in the EU

About 24%, benchmark 40%

The Court of Auditors finds that rare earth processing takes place outside the EU. Two plants are the exceptions: Neo’s in Sillamäe, Estonia, and Solvay’s in La Rochelle, France.

Recycling in the EU

About 12%, benchmark 25%

Diversification

No more than 65% of any strategic raw material from one non-EU country. The Court of Auditors finds the limit exceeded for boron at the extraction stage and for lithium, magnesium, gallium and rare earths at the processing stage.

Sources: Regulation (EU) 2024/1252; European Court of Auditors, Special report 04/2026, Critical raw materials for the energy transition (capacity 2016 to 2020)

Seat and structure

A Luxembourg company

Seat
Luxembourg
Legal entity
Hercinia S.à r.l.
Register
RCS Luxembourg B295932
Careers
Work at Hercinia