European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) executive chairman Keith Coughlan tells Proactive's Stephen Gunnion that a visit by Czech Republic prime minister Petr Fiala to its Cinovec lithium project is a further endorsement of the strategically important project.
Coughlan noted that project is globally significant due to the growing demand for lithium in Europe and the lack of local supply. Cinovec, the largest hard rock lithium deposit in Europe, will help ensure European raw material security and support the entire value chain for electric vehicles in the Czech Republic.
The project's timeline includes the completion of the definitive feasibility study and a focus on expediting the permitting process.