European Lithium Ltd (ASX:EUR, OTCQB:EULIF) chairman Tony Sage talks Proactive through the robust findings of a definitive feasibility study on its Wolfsberg Lithium Project in Austria - outlining an NPV of US$1.5 billion and IRR of 33.3%. Sage also welcomes a non-binding MoU with Saudi-based Obeikan Investment Group to build and operate a hydroxide plant under a joint venture.
European Lithium highlights robust Wolfsberg DFS and ‘game-changing’ Saudi JV
