European Metals Holdings Advances Cinovec Lithium Project

European Metals Holdings Limited (AU:EMH) has released an update.

European Metals Holdings Limited continues to advance its Cinovec Lithium Project in the Czech Republic by enhancing the lithium processing flowsheet, which could lead to improved project economics. The company reported significant improvements in lithium recovery rates and concentrate grades, positioning Cinovec as a critical asset for Europe’s lithium supply. Despite no cash outflows for the project during the quarter, the company maintains a healthy cash position of $4.1 million.

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