The Prunéřov site is anticipated to also enable positive outcomes for project economics including reductions in capex and opex per tonne as a result of optimalization of the engineering identified as part of the Definitive Feasibility Study ("DFS") process, and reduced demolition and clearance requirements.
· The new site has received preliminary agreement and support from the municipal and regional governments.
· Geomet will now proceed to finalise the DFS process taking into account the new site, including the revised capex from the new site.
European Metals Holdings Limited (ASX & AIM: EMH) ("European Metals" or the "Company") is pleased to announce the selection of a new site for the Cinovec Lithium Processing Plant which is anticipated to provide improved permitting and project economics.
The new site selection follows evaluation and preliminary agreement between project company Geomet and the relevant municipal and regional governments to move the lithium processing plant from Dukla to the Prunéřov industrial site.
Prunéřov is the site of the former Prunéřov 1 Power Station, which was decommissioned in 2020 and Prunéřov 2 Power Station. The site is owned and operated by CEZ, the Company's project level partner.
The Prunéřov site is anticipated to also enable positive...
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Last
42.0¢ |
Change
0.020(5.00%) |
Mkt cap ! $50.25M | |||
| Open | High | Low | Value | Volume |
| 43.5¢ | 44.5¢ | 42.0¢ | $20.13K | 47.55K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4999 | 42.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
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| 44.0¢ | 19642 | 4 |
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| Last trade - 16.10pm 08/05/2024 (20 minute delay) ? |
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Last
42.5¢ |
Change
0.020 ( 4.94 %) |
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| Open | High | Low | Volume | ||
| 42.0¢ | 42.5¢ | 42.0¢ | 9356 | ||
| Last updated 15.59pm 08/05/2024 ? | |||||
| EMH (ASX) Chart |