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European Metals expects Cinovec definitive study in fourth quarter

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European Metals said its latest quarter has seen its Cinovec lithium/tin project make more good progress.

Highlights included a site visit from the Czech Prime Minister and securing the land required to build the lithium processing plant.

EMH added that the definitive feasibility study currently being undertaken on Cinovec by DRA Global is on track for completion in the final quarter of this year.

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The extension in the time forecast for the DFS completion plus optimising the flowsheet had increased the cost by around €6.86mln.

 

Source: proactive

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