EUROPEAN METALS HOLDINGS LIMITED TO POSITION AS NEXT LITHIUM MINER IN EUROPE

EUROPEAN METALS HOLDINGS LIMITED TO POSITION AS NEXT LITHIUM MINER IN EUROPE

✦ Keith Coughlan, Executive Chairman of European Metals Holdings Limited (ASX & AIM:EMH, NASDAQ: ERPNF) discusses if mining Zinnwaldite is an overlooked lithium source

European Metals Holdings Limited (EMH) is perfectly placed, finding itself within a series of major cathode, battery and automotive manufacturers.

Keith Coughlan said “The recovery of up to 92% of the lithium in the zinnwaldite concentrate at this early stage of DFS testwork is very promising for increased recoveries during the planned process optimisation work.”

EMH is an intriguing company as it is in a lithium space that is not so wellknown to investors. Mr. Coughlan shed some light and brought clarity to what the company is doing - mining Zinnwaldite, a micaceous mineral. It has a highly complicated mineral chemistry, KLiFeAl(AlSi3)O10(OH,F)2, and it comes from the least known lithium mineral to the average investor. (The other micaceous lithium mineral is lepidolite).

In 2018, EMH shares were sub AU$0.30 and now the company is valued at a range of AU$1.55 with a market capitalisation of AU$271 Million. That is quite a leap from 2018.

It is interesting to learn from Mr. Coughlan why this project could be a giant killer in the lithium space in a couple of years. Considering how strategically placed the project is in Europe, it is set to be the source for all things related to the EV Revolution to European manufacturers.

European Metals is an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in Czech Republic.

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