EU. METALS HOLDINGS LTD. ORD NPV (DI) overview

CEZ to Provide Green Power to Project HIGHLIGHTS Cinovec’s Global Warming Potential has been modelled using ISO-compliant LCA by consultancy Minviro Ltd, providing clear resolution of the drivers of the project’s emissions. GWP Impact Mitigation Scenarios identified for the Cinovec Project, potentially including solar power, electric mining fleet, Hypex Bio explosives and use of green hydrogen for thermal energy (Cinovec Decarbonised Case) which could make Cinovec’s lithium chemicals have...

75% Increase in Cinovec NPV to US$1.94B 16% Increase in Production to 29,386tpa HIGHLIGHTS The 2019 PFS Update for the Cinovec Project has been updated to demonstrate the effect of changes in the mining process to incorporate the use of paste backfill, which results in an increase in annual production, together with changes in lithium and by-product prices to reflect current and expected market conditions. Annual production of battery grade lithium hydroxide monohydrate modelled to increase from...

PERTH, Australia, May 21, 2021 (GLOBE NEWSWIRE) -- European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) (“European Metals” or the “Company”) is pleased to announce that the Cinovec Project company Geomet S.R.O has submitted the documentation related to the initial EIA notification to the Czech Ministry of the Environment. The Company also provides the latest results from its current nineteen hole resource drilling programme at the Cinovec Project. The current programme of...

European Metals Executive Chairman Keith Coughlan believes that the Project’s CO 2 footprint will be very low when compared with other hard rock lithium projects. “The proximity to end users resulting in low transport CO 2 , the fully integrated nature of the Project and anticipated lower CO 2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers. We are quietly confident and look forward to releasing the...