4.7 C
Belgrade
Supported byspot_img
spot_img

Czech Government looks towards lithium

Member of Europium Groupspot_img
Supported byspot_img

The Czech government is making every effort to facilitate lithium mining in the country as it is a strategic raw material for the recovery of the Czech economy, Prime Minister Petr Fiala (ODS, ECR) said on Wednesday while visiting potential mining areas.

Geomet, a Czech company and member of the energy giant ČEZ, is preparing for deep lithium mining near Cínovec in the North-Western part of the country. This site boasts the largest lithium deposit in Europe, with production expected to commence between 2026 and 2028.

Lithium is a critical component in producing car batteries, which play a vital role in the rapidly growing electric car industry.

Supported by

Fiala met with representatives from municipalities affected by the proposed mining site. According to the prime minister, local mayors recognise the importance of lithium mining for regional development.

“What they want is for us to set the conditions and rules and the whole project in such a way that it takes into account the interests of the residents, citizens and the whole region,” Fiala said after the meeting.

While many local mayors support the lithium mining plan, some have raised concerns, primarily due to a lack of detailed information about the project and the potential environmental impact of mining operations.

“It bothers us that there will be crushing, sorting, loading, re-sanding, perhaps using chemicals and that only a few dozen metres from the houses where people live,” Květoslav Koutník, mayor of Újezdeček, where the lithium processing plant is intended to be constructed, said for Czech news site Seznam Zprávy.

The aim of today’s meeting, according to Fiala, was to set up a communication model so that the region and municipalities would have enough information.

The extracted lithium holds significant value as a critical component in electric vehicle batteries, making it crucial for the industry.

Czech Trade and Industry Minister Jozef Síkela also revealed that there are talks with three potential investors regarding the car battery factory in the country. While the name of the potential investor remains confidential, negotiations are progressing.

 

Source: euractiv

Supported byElevatePR Digital

Related News

Bayan Mining unveils significant gallium and lithium potential at Tango and Barbara projects in Canada

Bayan Mining and Minerals, formerly known as Balkan Mining and Minerals, has revealed promising results from recent rock chip and soil sampling at its...

European Lithium raises A$2 million to progress Leinster lithium project in Ireland

European Lithium Ltd has secured A$2 million from institutional and sophisticated investors to progress the development of its recently acquired Leinster lithium project in...

Leading Edge Materials submits application for 25-year mining lease at Norra Kärr rare earths project in Sweden

Leading Edge Materials Corp. has announced the submission of an application for an Exploitation Concession ("Bearbetningskoncession") for a 25-year mining lease for its Norra...

Lundin Mining sells Neves-Corvo and Zinkgruvan mines to Boliden for up to $1.52 billion

Lundin Mining, a Canada-based mining company, announced the sale of its Neves-Corvo mine in Portugal and Zinkgruvan mine in Sweden to Boliden, a Swedish...
Supported by
Supported by
Supported by
error: Content is protected !!