EUR 3.57% 5.8¢ european lithium limited

General Discussion, page-1348

  1. 1 Posts.
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    Hello There,
    Gartenfan´s summary is a way too pessimistic.
    I am from Germany and seen the documentation.

    short summary:
    1st part: the documetary showed that there is a big labour market in the Mining at Austria. A huge chance for jobs ongoing geologist students- they interviewed students and teachers.

    2nd part: some company´s have been introduced- specially a running graphite mine and the Wolfsberg project.
    Mr. Wanke said following:
    - actuall starting in 2026 (starting phase)
    - full operating in 2027
    - Invest: 500 Mio
    - already invested: 40 Mio
    - sales volume by actual low lithium pricing: 200 Mio each year
    - by 10 Year operation: 2000 Mio
    - he showed some lithium ore and explained what they want to do there...
    - only one sentence from the commentator was at the end that the residents fear more traffic

    3nd part:
    - Interviews with geologists, residents etc.
    - geologists and politics opinion: Great chance for Austria
    - Residents meaning : they are feeling uncomfortable with planned projects. They interviewed for example an older woman in a town where a plant for natural gas is planned - not in Wolfsberg.

    In total there was a lot of hints to the european critical mineral act. The EU wants to support the mining in the EU

    Summary of the documtation:
    The mining industry Austria and the whole EU is about to be revived

 
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