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3.7¢ european lithium limited

Ann: Non-binding MOU executed to build & operate hydroxide plant, page-110

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Mountainbike

1,703 Posts.

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14/01/23

01:07

Post #: 65686988
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Originally posted by BrucieKibbutz: ↑

Was just about to say the exact same thing.... I thought one of the things you mentioned @BRProject was that one of the conditions of wolfsburg going ahead was that the hydroxide plant had to be built in austria?

This definitely changes the carbon footprint of the product which will not go down well with the environmental authorities in europe.

Dont get me wrong it sounds like a very positive step for the company but I find it a very odd choice.... You might as well source the spodumene from africa or australia if you are shipping to Saudi Arabia anyway.... the Whole point of Wolfsburg for me was that its geographically favorable for the OEMs.

Confused on this one.

No wonder the market has been all over the place on EUR recently as the project is all over the place itself.

Expand

...you get to the point,but a lot of people here don't want to hear it. ....

For me, the chances that the mine in Austria will go into production in the next few years are dwindling.

EUR Price at posting: 8.6¢ Sentiment: None Disclosure: Not Held
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