EUR 0.00% 4.9¢ european lithium limited

Ann: Voluntary Suspension Extension, page-32

  1. 8,496 Posts.
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    I understand your enthusiasm for EUR, but there is potential competition from larger lithium deposits in Europe.

    Have a read of https://www.dw.com/en/lithium-the-czech-republics-white-gold-rush/a-66821017

    "The Czech village of Cinovec is sitting on a buried treasure: Europe's largest deposit of lithium.Exploration has shown that the ground around Cinovec — which is situated about 100 kilometers (62 miles) northwest of Prague, close to the Czech-German border — holds 3–5% of the world's total lithium reserves."

    Also we read at https://www.mining-technology.com/news/czech-lithium-mining/

    "The Cínovec area, located 100km northwest of Prague, holds the largest lithium deposit in Europe. Geomet, a Czech company that is part of the energy giant ČEZ, is running the deep mining operation, which is expected to start between 2026 and 2028."


 
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