EUR 3.33% 3.1¢ european lithium limited

Here are a few passages from the article, in English....please...

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    Here are a few passages from the article, in English....please translate everything yourself with Google.What is strange is that H. Wanke says start 2025 delivery 2026....The responsible authority says something different and he should know. In addition, objections/ protests can still be submitted.....

    In addition, the head of the responsible authority says that local people can still object to the project.... wasn't that always denied by some people here?And why does the company write that they all have PERMITS?

    Incidentally, energy costs in Austria and Germany are almost back to normal levels and not many times more expensive than before.

    But please translate for yourself and form your own opinion.

    xxxxxxxx

    LITHIUM FROM CARINTHIA
    Before dismantling:
    “We are missing $500 million” INTERVIEW. Dietrich Wanke, miner and manager, wants to make Europe's first lithium mining a reality So the financing isn't in place yet. How much money still needs to be raised? Based on an initial term of 15 years, we need around 500 million US dollars (460 million euros, note) that we lack to set up operations. This includes the mine and the mechanical concentrator, which separates the raw ore from the surrounding rock right next to it. We outsourced $360 million to process it into battery-grade lithium hydroxide. This plant is financed by our partners in Saudi Arabia, with whom we have a joint venture in which we own half.

    Where the project currently stands

    The proceedings regarding the lithium project have been pending with the responsible Department 7 of the state government for exactly a year. There is currently a lack of documents to begin the preliminary examination. They have been complete since the beginning of July. “These are currently being processed by the experts.” This is a rough check, says department head Albert Kreiner. Specifically, if the documents are complete, a decision will be made as to whether an environmental impact assessment is necessary or whether the mining authority is responsible for the less complex mining legal procedure.

    Institutions such as NGOs or the local community can appeal against a declaratory decision, which is expected in the fall, within six weeks before it becomes legally binding.
    Only then will all protected assets and operational plans be approved for actual approval. “Taking these circumstances into account, a start in 2025 appears unrealistic,” said Kreiner. In practice, for example with wind turbines, you can see how long such a process can take.
 
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