Article

European Metals Holdings Limited has completed a definitive feasibility study for its Cinovec lithium project in the Czech Republic, projecting an annual production of 37,500 tonnes of battery-grade lithium carbonate. The study estimates a net present value of USD 1.455 billion and an internal rate of return of 14.8% over 23 years, with the project expected to fulfill approximately 5.2% of the EU's lithium demand by 2030. Additionally, it has secured a grant of up to €360 million under the Czech 'Strategic Investments for a Climate-Neutral Economy' program.