EUR 8.33% 3.9¢ european lithium limited

General Discussion, page-1342

  1. 325 Posts.
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    Short summary of the television programme about mining in Austria.

    The price of raw materials must generally rise in order to be able to keep up profitably with favourable global extraction.

    At the moment nobody / hardly anybody in Austria is interested in raw materials

    At the moment there is generally no support from the public sector for raw materials.

    One in a thousand projects is then realised generally

    against mining is often tourism, nature conservation


    ...Out of a total of 50 minutes, approx. 5 to 6 minutes were about European Lithium

    Actually nothing new

    ++++++++
    Herr Wanke says:
    European Lithium has spent 40 million euros

    so far 8 to max. 10,000 tonnes of lithium hydroxide per year at full production

    Operating licence plan still missing

    Financing of approx. 500 million is still missing, then production could start in early 2027 if all goes well

    According to Wanke, production could allegedly last around 40 years

    Local residents fear traffic problems

 
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