EUR 4.00% 2.6¢ european lithium limited

After years of drilling and reconnaissance activities, the...

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    After years of drilling and reconnaissance activities, the planned lithium mining on the Weinebene goes into the home stretch.
    .
    On Tuesday, the owners present their project in detail at the government meeting. Up to 400 new jobs are to be created.
    .​
    The company "European Lithium" wants to be the first lithium producer in Europe, said managing director Dietrich Wanke. At present, 85 percent of the valuable raw material indispensable for electric cars and photovoltaics comes from China. That should change with the dismantling on the Weinebene in the Lavanttal.
    In 2011, the company, whose parent company is an Australian listed company, acquired the tunnel of the Koralpe. Since then, eight to ten million euros have been invested solely for test drilling and feasibility studies.
    .​
    On Tuesday, the results of the regional government will be presented.
    .​
    The first licensing procedures will start in July.

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    https://translate.google.de/transla...nten.orf.at/news/stories/2919231/&prev=search
 
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