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2.6¢ european lithium limited

Billions and billions of euros, page-26

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rdncoic

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05/11/18

08:53

Post #: 36387349
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Originally posted by rdncoic ↑

https://unauthorised investment adv...ithium-and-cobalt-prices-mining-magnate-says/

Mr Sage is also chairman of European Lithium (ASX:EUR), which owns the Wolfsberg lithium project in Austria.
Europe has declared lithium and cobalt “critical minerals” and is aggressively pushing to be a bigger supplier.
“Once our [definitive feasibility study] is done we will get significant help from the EU to build the plant there,” Mr Sage said.
“They want three or four hydroxide plants all over Europe so 30 or 40 per cent of the world’s supply can come from a different spot.”

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“If they replicate that around China, there will be no cobalt and lithium for the rest of the world,” he said. (the t.sage)

"Golly Gee Willikers"................

EUR Price at posting: 11.0¢ Sentiment: Buy Disclosure: Held
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