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Zinnwald Lithium Plc ( (GB:ZNWD) ) has provided an announcement.
Zinnwald Lithium PLC is making significant progress with its Zinnwald Lithium Project in Germany, which is the second largest hard-rock lithium project in the EU. The company is on track to publish its Pre-Feasibility Study (PFS) in Q1 2025 and is advancing various operational aspects, including mine planning, mineral processing, and hydrometallurgical testwork. The project has received local government support, and efforts are being made to incorporate solar energy solutions to minimize environmental impact. The recent coalition agreement in Saxony emphasizes the importance of the raw material industry, prioritizing the simplification of mining project approvals, with Zinnwald Lithium’s project being a focal point. These developments are crucial for the company’s positioning in the market and its contribution to Europe’s green energy goals.
More about Zinnwald Lithium Plc
Zinnwald Lithium PLC is a European-focused mining company that specializes in the development of lithium projects, particularly the integrated Zinnwald Lithium Project in Germany. The company is involved in producing lithium hydroxide, a key component for Europe’s battery supply chain, and is positioned to support the green energy transition and raw material security in the region.
YTD Price Performance: -6.75%
Average Trading Volume: 253,105
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £36.78M
See more insights into ZNWD stock on TipRanks’ Stock Analysis page.
