EMH 2.50% 39.0¢ european metals holdings limited

8bn Czech Gigafactory - April announcement stage - 49million Grant

  1. 20 Posts.
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    https://centraleuropeantimes.com/2024/03/mystery-ev-firm-to-build-eur-8bn-plant-in-czechia/Sikela also revealed in November that Czechia is in discussion with five other potential EV plant investors “from other continents”. Fiala said, “the gigafactory project is a strategic government priority, and it is in our interest to have the entire chain from lithium mining through the gigafactory, i.e. battery production, to the final products in Czechia.”Entire lithium chain means EMH which the prime minster has expressed he wants multiple timeshttps://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-regionhttps://www.lse.co.uk/rns/czech-pm-visits-cinovec-signs-moc-with-saxony-pm-mwkqeepvayfkxu7.htmlA strong following of bashers circulate this share with a clear agenda - I understand there has been delays but all the ducks are lined up for this to happen now while nothing is price in. Hydroxide news still expected this week and annocement stage at the end of April. Any mention of our involvement with the giga factory, strategic status from Cmra, the 49million grant and Offtake can all rerate this share, and it look like all are close now. Now the time to get researching for the recoup to come. -----Interviewer "Your partner on the project is CEZ, the czeck utility company, major utility company - are they aligned with what you and your company want to do with the development of this project?"Keith "Absolutely, you know CEZ is a very big organisation, but the key people from CEZ from our perspective are very much aligned with us in terms of the timelines of bringing this project ot fruition as quickly as possible - its very positive for them, you know they still have aspirations about being involved in a gigafactory - a battery factory in the Czech Republic.""They are very much aligned with green energy, they have been moving away from coal for many years now and have an acting winding down programme. They have many green assets themselves, wind power, solar farms ect and they have commited, to provide green energy to this project, and they would very much like the see the project move ahead as quickly as we would like to see it move ahead.""They have been very helpful in country, they obviously have significant in country resources, and significant in country experience, which is proving to be invaluable for us, and i think more will come of that as we come to this announcement stage at the end of April"---"So yes it is thee largest hard rock lithium reposit in the EU, its the largest hard rock deposit in Europe but in the EU is by far the largest - and thats important for 2 main reasons, firstly long term security of supply, but secondly obviously having the largest conventional project puts alot of focus on the project from the point of the EU - so when the EU speaks about wanting to reach a certain level of lithium self sufficiency, obviously the largest project can help you get there quicker"
 
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