Zinnwald Lithium Plc (GB:ZNWD) has released an update.
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Zinnwald Lithium Plc has announced that the State of Saxony intends to support its Zinnwald Lithium Project through grant funding under the EU’s Temporary Crisis and Transition Framework, in collaboration with the Federal Government. While the funding is not yet guaranteed, the project has been recognized for its potential to contribute to domestic raw mineral supplies in Germany and the EU. The company’s CEO, Anton du Plessis, expressed optimism about this development, noting the importance of localizing critical mineral resources.
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