Ann: Positive results confirm Zone 2 could mirror Zone 1 resource, page-10

In any case, EUROPEAN LITHIUM is no longer an explorer, but has - as announced - delivered accordingly and consequently pushed ahead with the "de-risking" of the project - EUROPEAN LITHIUM is therefore definitively seen as a future and probably first producer in Europe.

Good article below but it serves to show that EUR is the only Lithium Mine in Europe that is already on its way. Everyone else in Europe is only trying to play catch-up with European Lithium at present. There is certainly room for other Lithium Production sites in Europe but EUR will be able to pick its terms as potential first producer in EUROPE and this will reflect in the Share Price. "and add valuable supply chain security and autonomy in decades to come".

For the European Union, the issue of establishing a complete lithium supply chain has very broad strategic importance, given the significance and scale of the Continent’s car manufacturing. “It’s a big-ticket issue,” says Mr Archer. Creating a full lithium supply chain in Europe would lower transport costs for those involved, and add valuable supply chain security and autonomy in decades to come.

The benefits of these developments are likely to be felt not just by car makers, but also by renewable energy operators, for which lithium plays an important role in storage, management and redistribution processes. All this underpins environmental sustainability strategies and carbon emission reduction efforts.

https://www.raconteur.net/sponsored/portuguese-mining-centre-secure-affordable-lithium

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