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The Czech government is doing everything possible to launch...

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Fingers xed

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22/09/23

17:47

Post #: 69984817
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Originally posted by Fingers xed: ↑

Lithium is a strategic raw material that is absolutely essential for the future of the Czech economy and the Restart of the Czech Republic for at least three reasons:1 ⃣ The lithium deposit here contains around three percent of the world's supply of this raw material, which is key for the production of batteries, e.g. for electric cars.2 ⃣ We have the opportunity to acquire the entire production chain. From mining, through processing, battery production, to the production of electric cars. One of the locations for the location of the gigafactory for the production of batteries is still in Prunéřov, i.e. here in the region.3 ⃣ About a tenth of the GDP of the Czech Republic is made up of the automotive industry based on the production of internal combustion engines. Its transformation is inevitable and we must be ready for it.Lithium also brings enormous opportunities for the surrounding municipalities and the entire Ústí region: From surface mining, which devastated the landscape, we can move to modern mining without major negative impacts on the landscape and local residents. It is a chance for at least 2,000 new employees, who often come from closed operations, but also a chance to bring production with high added value to the region. It is an option to keep young people in the region. My government is the first to negotiate with the locals and look for a solution that will be beneficial for the region and the surrounding communities and at the same time will allow the use of such essential lithium reserves that we have available here.

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The Czech government is doing everything possible to launch lithium mining in the Krušné hory (Ore Mountains),

https://www.expats.cz/czech-news/article/czech-government-mulls-lithium-mining-in-usti-region

EMH Price at posting: 66.5¢ Sentiment: Buy Disclosure: Held
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The Czech government is doing everything possible to launch...

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

The Czech government is doing everything possible to launch...

Top Stories

Is oil undervalued?

Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

Cost blow-out for Rook I uranium project sees share plummet for NexGen

Commodity house Trafigura funds Develop Global's copper-zinc Woodlawn play with offtake deal in place

Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

Venture to sniff out high-grade REE targets at Jupiter project, WA

Collaboration in a green (steel) future the focus for Magnum and Saudi partners

GreenX picks up prospective copper project in Germany

Vmoto sales plummet -50% YoY as weak demand in Europe & China stifles EV scooter sales growth

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News