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Was still in editing...Peruse once again ;
https://investorshub.advfn.com/boards/read_msg.aspx?message_id=164326021
No proplem, I kept looking and liked what I found here.
Nice find I love ASX stocks. Yes, I followed you here
European Metals Holdings Limited (LON:EMH) (ASX:EMH) Keith Coughlan catches up with Proactive London after adopting a set of environmental, social and governance protocols.
Coughlan explains how the firm will establish an ESG committee at board level, to be chaired by Ambassador Lincoln Bloomfield, who has considerable experience in this area.
He believes that the carbon dioxide footprint of their Cinovec lithium and tin project in the Czech Republic will be low when compared with other hard rock lithium projects.
AIM Announcements and ASX Announcements
https://www.europeanmet.com/announcements/
May 30, 2021 European Metals (EMH) - Financing Options Open Up as Lithium Shines
10 June 2021 LITHIUM LIFE CYCLE ASSESSMENT SPECIALIST
ENGAGED
HIGHLIGHTS
• UK-based and globally recognised sustainability and life cycle assessment consultancy,
Minviro, engaged to provide an ISO compliant life cycle assessment (“LCA”) of the
Cinovec lithium / tin project.
• Cinovec LCAs to be produced for both battery-grade lithium carbonate and batterygrade lithium hydroxide monohydrate which will be manufactured at a lithium chemical
plant nearby to the Cinovec mine.
• Cinovec LCAs will be benchmarked against global lithium peers.
• Minviro will be actively engaged to identify low-carbon optimisations in the developing
feasibility study for Cinovec.
• Cinovec LCAs expected to demonstrate strong carbon footprint credentials with lower
energy use, less intensive reagent application and net carbon credits from mine and
process by-products.
• LCA Report anticipated to be completed and provided to the Company in Q3 2021
European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) (“EMH”, “European Metals” or the
“Company”) is pleased to announce the engagement of Minviro, a UK-based and globally recognised
sustainability and life cycle assessment consultancy, to provide an ISO compliant life cycle assessment
(“LCA”), including a carbon footprint evaluation, of the Cinovec lithium / tin project in the Czech
Republic.
Life Cycle Assessment is a widely accepted and robust numerical method used to quantify climate
change and other environmental impacts for industrial processes, while identifying opportunities for
impact reduction and process improvement. The ISO-compliant and third-party reviewed Life Cycle
Assessment (LCA) Report is anticipated to be completed and provided to the Company in Quarter 3
2021.
European Metals Executive Chairman Keith Coughlan said:
“As we transition towards climate neutrality and a more sustainable society, it is important to ensure this
transition is done in a sustainable way by minimizing the carbon footprint across the full battery value
chain, from raw materials to finished batteries. European Metals has a unique competitive advantage
based on minimizing the carbon footprint of the production of our battery grade Lithium products. We
are looking forward to the results of the life cycle analysis as a testament to how a locally sourced
sustainable battery grade material supply for the European battery industry will look
Minviro Founder & Director Dr Robert Pell further states:
“Lithium production has a legacy of social and environmental impacts. As Lithium demand grows in line
with renewable energy and EV uptake, it is important that steps are taken to measure and mitigate the
environmental impact of producing these essential elements. Delivery of an LCA is a central part of this
process for the battery and EV industries as it provides customers with the necessary data to measure
their impact, compare process or supplier scenarios and optimize the environmental performance of
projects.”
LOW CARBON LITHIUM FROM CINOVEC
Geomet s.r.o. (“Geomet”), the jointly CEZ/EMH-owned Cinovec project company, is committed to
delivering a low carbon footprint, high quality lithium product for cathode and battery manufacturers.
The work that will be conducted by Minviro will help Geomet understand how to best achieve this and
how the Cinovec project compares against hard-rock [and brine] lithium peers.
The International Organisation for Standardisation (“ISO”) has a set of standards published on Life Cycle
Assessment (“LCA”) (ISO 14040 and 14044). The standards outline the best practice requirements and
principles to be undertaken for a LCA study. ISO compliance includes a third-party review by an
independent panel of experts. The results are then allowed to be disclosed publicly and used for
comparison with different primary production methods of raw materials.
This will provide the Cinovec project with an independently-verified carbon assessment that is
recognised by financiers and potential off-takers.
ABOUT MINVIRO
Minviro (www.minviro.com) is a London based and globally recognized consultancy and technology
company specialised in carrying out life cycle assessments in the technology metal space. The
company provides quantitative environmental and climate impact data for mineral resource projects,
battery manufacturers and OEMs to make environmentally informed decisions.
Minviro Ltd has recently completed, or are engaged for LCA assessments, for various processes and
products being developed in the battery raw materials markets. Minviro will use data generated from
the pre-feasibility study of the Cínovec Project. The LCA includes a cradle-to-gate life cycle inventory
and life cycle impact assessment for five impact categories including carbon footprint, alongside
recommended impact mitigation opportunities. The results will be delivered to the Company in the form
of an ISO-compliant and third-party reviewed Life Cycle Assessment (LCA) Report.
WEBSITE
A copy of this announcement is available from the Company’s website at www.europeanmet.com.
ENDS The Board of Directors of European Metals Holdings authorised this announcement to be given to ASX
https://www.investi.com.au/api/announcements/emh/ffc22234-9f7.pdf
ASX EUROPEAN METALS HOLDINGS LIMITED EMH
https://www2.asx.com.au/markets/company/emh
The Company will commence trading under the new name on The Canadian Securities Exchange (the "CSE") with the new trading symbol "ECU" at the opening of trading on November 7, 2014.
https://www.globenewswire.com/news-release/2014/11/06/1412579/0/en/Gondwana-Oil-Corp-Changes-Its-Name-to-European-Metals-Corp.html
ASX moved up nicely this morning.
Didn't realize there's a board for this one-
I believe this is a good one to accumulate,and have been doing just that
futr
A giant battery factory for electric cars in the Czech Republic
https://archiv.ihned.cz/c1-66935960-nejvetsi-investice-babisovy-vlady-obri-tovarna-na-baterie-pro-elektrovozy-v-cesku-ma-dostat-miliardove-pobidky
Shit looks like it's coming together.
Nice, that is as good as it gets. He mentioned them directly and said it could happen. Nice find.
Rumours of New Battery Factory 64km away from ASX: EMH
European Metals Holdings Ltd (ASX: EMH; AIM: EMH; NASDAQ: ERPNF) is our third European battery metals investment.
We think we have found out why the EMH share price has been running the last couple of days.
EMH is developing the largest hard rock lithium resource in the EU at its Cínovec project in the Czech Republic.
We have come across some Czech news articles that look very promising for EMH investors.
KEY TAKEAWAY - According to local media, VW and EMH’s project partner CEZ are talking about building an electric vehicle battery factory in the Czech Republic - just 64km away from EMH’s lithium project.
Does this mean EMH is getting closer to a coveted offtake agreement?
An offtake agreement would be huge news for EMH, and would likely re-rate the stock.
We don't know if this will happen, but if your local project partner is planning a battery factory down the road, we think it's pretty likely they might seek to use their own lithium.
Europe is leading the global charge to switch to EVs with mandates for localised supply chains - we are investing in this thematic via companies that are developing large scale battery metal projects inside Europe.
No direct mention to EMHLF unless I k missed it. But location is in target area.
Volkswagen is also preparing to enter the business with raw materials that are required for cell production.
https://amp2-handelsblatt-com.cdn.ampproject.org/c/s/amp2.handelsblatt.com/unternehmen/industrie/interview-vw-erwaegt-boersengang-des-batteriegeschaefts-vw-technikvorstand-will-in-rohstoff-geschaeft-einsteigen/27242244.html
Update on drilling. Look under announcements. https://www.europeanmet.com/
Investor Takeaway on EMHLF from Seeking Alpha
This company does not come without risk. Many of its affairs are unsettled as of now, but that’s what provides the attractive discount. If you’re willing to take on a little bit of unsureness, European Metals could be a lucrative option. For short-term holders, initiating a position now could provide strong returns over the course of the year as it clears a host of important developmental milestones. However, the long-term play remains my focus.
Personally, the rumors of a listing on the NASDAQ have caused me to wait to initiate a position. I would rather purchase the security domestically, though if it seems that the offtake agreement and DFS will come after this, I will likely decide to initiate a smaller position before then. While I do believe that the company will ultimately prove successful, it is still important to note the chance that they are not. The risk is what creates the discount, but the discount obviously exists for a reason.
Timestamp for prediction in video?
Great and Accurate write up
https://wise-owl.com/reports/emh-is-leading-the-pack-to-be-the-first-local-eu-lithium-producer/
European Battery Alliance
"98% of the rare earth elements we need come from a single supplier: China. This is not sustainable." - @vonderleyen
— European Raw Materials Alliance (ERMA) (@EU_ERMA) February 24, 2021
ERMA 🇪🇺 aims to secure primary and secondary #rawmaterials supply for EU industrial ecosystems and support the transition to a green, circular and digital Europe. pic.twitter.com/JasvYkd6xc
Europe to invest 24 billion in green energy from 2021-2025. Considering this is already backed and funded by Europe i hope we get some heavy price action here soon.
$EMHLF: Nice pop....... now at 1.06. Lithium for EUROPE
looks like this is gonna run with all other metals players.
https://www.europeanmet.com/wp-content/uploads/2020/10/European-Metals-Presentation-Oct-2020.pdf
GO $EMHLF
I grabbed another 800!!!
Nice, starting a position in Lynas tomorrow and adding to EMHLF of course.
How to play the great EV boom
https://www.livewiremarkets.com/wires/how-to-play-the-great-ev-boom
Melbourne , Australia
Tesla or VW backed Quantum Scape, Don't matter to me I will be here for $10 and beyond. Home is Colorado. You?
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We are an Australian and UK listed mineral exploration and development company
advancing the Cinovec Lithium / Tin Project in Czech Republic.
Cinovec Lithium / Tin Project
Cinovec hosts the largest lithium resource in Europe, and one of the largest undeveloped tin resources in the World. The recently completed Preliminary Feasibility Study indicates that Cinovec has the potential to be the lowest cost hard rock lithium producer in the World.
Location
The Cinovec project is located 100 km NW from Prague on the border with Germany, situated in the heart of Europe with ready access to end user car makers and companies involved in energy storage.
The project is located within close proximity to large industrial and chemical plants with excellent support services in Czech and Germany, adjacent to a main road with two rail lines within 10km of the deposit.
History
The Cinovec Project is located in the Krusne Hore Mountains which divide the Czech Republic from the Saxony State of Germany. The project is within a historic mining region, with artisanal mining dating back to the 1300s.
In the 1940s a large underground mining operation was established primarily to produce tungsten for the war effort. Mining and processing activities continued under the Czechoslovakian Government with the mine continuing to expand and producing tin as well as tungsten. Due to the fall of communism and lower tin prices, the mine was closed in 1993. In 2000, the old processing plant was removed and the site rehabilitated.
Project
In 2012, European Metals purchased a 100% interest in the exploration rights to the Cinovec Project area together with an extensive database, and commenced a drilling campaign to validate the comprehensive data generated by the earlier development and exploration activities.
The Company’s ongoing drilling programme has completed 30 diamond holes each averaging 400 m depth, successfully validating earlier drilling results, adding lithium grade data and providing metallurgical testwork samples.
In support of the PFS, European Metals has undertaken extensive metallurgical testwork at UVR and Anzaplan in Germany as well as Nagrom and ALS in Australia.
In 2015, European Metals completed a Scoping Study into the redevelopment of the Cinovec Project. The Scoping Study highlighted that the size, grade and location of the deposit make it a very attractive development opportunity and recommended that project proceed through to a Preliminary Feasibility Study (PFS).
The results of the PFS highlight that the Cinovec Project has the potential to be the lowest cost hard rock operation globally due to a number of unique advantages:
Geology
Regional Geology of Krusne hory/Erzgebirge
Cinovec deposit is located on the Krusne hory/Erzgebirge metallogenic province at the northern border of the Bohemian Massif, in the Saxothuringian Zone of European Variscides (Štemprok 1989). Krusne hory/Erzgebirge is one of the major metamorphic crystalline complexes of the European Variscan Belt, and is formed by partially concealed Late Palaeozoic multiphase granitic batholith intruding amphibolite facies Neoproterozoic to Carboniferous age metamorphic complex (Seltmann and Štemprok 1995).
The Krusne Hory/Erzgebirge NE–SW trending anticlinorium extends over 120km in length and 45km in width, and plunges slightly to the southwest. The Erzgebirge crystalline complex exposes a seemingly coherent sequence of migmatite, para-and orthogneiss, mica schist containing intercalations of metabasalt, metarhyolite and marble, and by phyllite (Klominsky et al. 2010), and magmatic rocks.
Neoproterozoic basement rocks are represented by migmatitic gneiss and mica schist with abundant intercalated metamorphosed marl, dolomite, calc-silicate rock, quartzite, ultramafic and granulitic rocks which were migmatised and granitised during the Variscan orogeny. The overlying Lower Paleozoic sequence comprises marine clastic (mainly pelitic) and granitic rocks, which are transgressively overlain by Lower Devonian clastic rocks. Middle Devonian clastic rocks and carbonate with interbedded submarine spilite¬keratophyre volcanics are followed by the Carboniferous Culm facies (Seltmann and Štemprok 1995)
Magmatic rocks within the massif are related to events that occurred in several time periods; the Archean to Paleoproterozoic, the Late Neoproterozoic to Lower Paleozoic Cadomian/Baikalian Orogenies (700 to 500 Ma), the Lower Paleozoic Caledonian Orogeny (500 to 390 Ma) and the Late Paleozoic Variscan Orogeny (350 to 300 Ma). Variscan magmatism is divided into an early cycle (orthogneiss) and a quantitatively dominant late or post-kinematic cycle (unfoliated granites), (Seltmann and Štemprok 1995). The latest magmatic event was extension-related volcanism and emplacement shallow small intrusions of Li-enriched granite.
Deposit
The Cinovec Deposit extends for approximately 2km south of the border. The below Long Section shows the shallower, higher grade lithium mineralisation to the north and the tin rich area of Cinovec South. As evident from the table of selected drill intercepts, the lithium mineralisation is in place over 350m wide.
Hole | From | To | Width (m) | Li20 (%) |
---|---|---|---|---|
CN-17 | 22 | 224 | 202 | 0.62 |
CN-22 | 123 | 387.5 | 264.5 | 0.54 |
CN-23 | 94 | 357 | 261.1 | 0.5 |
Hole | From | To | Width (m) | Li20 (%) |
---|---|---|---|---|
CIW-25 | 9.5 | 373 | 361.5 | 0.43 |
CIW-26 | 173.75 | 410 | 236.25 | 0.49 |
CN-86 | 5 | 211.5 | 206.5 | 0.51 |
Resource
Cinovec is an historic mine incorporating a significant undeveloped lithium-tin resource with by-product potential including tungsten, rubidium, scandium, niobium and tantalum and potash. Cinovec hosts a globally significant hard rock lithium deposit with a total Indicated Mineral Resource of 372.4Mt @ 0.4% Li2O and 0.04% Sn and an Inferred Mineral Resource of 323.5Mt @ 0.39% Li2O and 0.04% Sn containing a combined 7.18 million tonnes Lithium Carbonate Equivalent and 262,600t of tin. This makes Cinovec the largest lithium deposit in Europe, the fourth largest non-brine deposit in the world and a globally significant tin resource. See Table 1 below.
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