The worst for the state would be if lithium mining in C�novec did not start at all, according to Geomet's study 1/28 28 CTK photos 27 October 2017 � 16:14 The worst option for the state for lithium mining plans at C�novec would be the failure to implement the project. This results from a study of the Mining University - Technical University of Ostrava, the company of which was the company Geomet. It is precisely through Geomet that the Australian company European Metals Holdings (EMH) plans to drill down the site. The company wants to negotiate with the new government. Lithium extraction is planned by other European states. advertising If the domestic project did not materialize, the state would lose tax revenue in the order of tens of billions of crowns a year and would incur costs for the unemployed who would otherwise be able to get work thanks to mining, according to studies. "In our specific case, an estimated increase of 2750 to 8450 newly created jobs is about 569 million to 1,749 billion crowns (annually)," reads the document. The most favorable authors of the study consider the option to start the project as soon as possible with the creation of a complete chain in the Czech Republic, from mining to the final product. The state's income from taxes and levies on businesses involved in such a chain, whether directly or indirectly, would amount to 33.5 billion crowns annually. For 21 years, when Geomet lithium is to be mined, it is worth more than 700 billion crowns.
It is always possible to talk about the different models of relations between the mining company and the state, but I do not think that any potential for lithium or lithium ore extraction at the C�novs should be somewhat worse," CTK said. According to him, in the form of taxes and fees, the state could earn more than 60 percent of the total collection in the ore mining and processing chain. "In the 21 years, the state would earn 740 billion crowns, while the net profit of the mining company alone can be less than 12 billion crowns," he added. Perhaps lithium mining in the Czech Republic has become one of the biggest issues of the pre-election campaign. The case triggered the signing of a Memorandum of Understanding signed with EHM at the beginning of October by Minister of Industry Jiř� Havl�ček (CSSD). Chairman of the victory movement ANO Andrej Babi� called the memorandum several times for the theft of the CSSD. The Social Democrats referred to the lithium mining case as artificial and artificial and for the attack led by the YO and KSČM movements. Industry and Energy Reporter: Lithium Fever in C�novec? The village has giant supplies, but it is not clear how much mining will pay Martin Bohuslav Sobotka (CSSD) Prime Minister said that the state's interest should be primarily to make the whole production chain in the Czech Republic as quickly as possible. Lithium mining is also planned by other European states, he reminded. "If there is a delay in the (Czech) project, then the question is whether the downstream production will occur in our country, in Germany, in Serbia or elsewhere else," he said. Lithium is considered to be the metal of the future, and is used, among other things, for battery production. In the Czech Republic, it is estimated that about three percent of the world's lithium sources - the vast majority of the C�novci and a small amount in a deposit in the Slavkov Forest. Australian investor could start mining in the Ore Mountains in 2022. In 21 years he plans to conquer 37 million tons of ore.
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