Project Notice |
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PNR | 56432 |
Project Name | European Metals Holding |
Project Detail | Location: Czech Republic Project number: 53554 Business sector: Natural resources Notice type: Private Environmental category: B Approval date: 20 Jul 2022 Status: Signed PSD disclosed: 02 Oct 2023 Equity investment EUR 6m into ordinary shares of European Metals Holdings Ltd (EMH), an Australia-based junior mining company focused on the development of the Cinovec lithium-tin deposit in exchange for a ca. 6.0% stake. The company owns 49% of the Cinovec project, one of the biggest hard-rock lithium deposit in Europe and one of the largest undeveloped tin resources in the world. Project Objectives The proceeds will be used to assist in funding the completion of pre-development works and studies for the Cinovec project to move the site towards full-scale production and working capital expenditures for the period up to the completion of the DFS. |
Funded By | European Bank for Reconstruction and Development (EBRD) |
Sector | Advertising & Media |
Country | Czech Republic , All Region |
Project Value | CZK 20,260,283 |
Contact Information |
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Company Name | EUROPEAN METALS HOLDINGS LIMITED |
Address | European Metals Holdings Limited info@europeanmet.com + 61 (08) 6245 2050 + 61 (0) 8 6245 2055 Level 3, 35 Outram Street West Perth WA 6005 Postal: PO Box 646, West Perth WA 6872 |
Web Site | https://www.ebrd.com/work-with-us/projects/psd/53554.html |