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European Metals targets EU demand for Lithium ahead of EV revolution

European Metals Holdings LTD (LON:EMH) is on target to meet the predicted demand for the production of battery-grade lithium hydroxide from ore from the Cinovec project in the Czech Republic. MD/CEO Keith Coughlan tells Proactive London how the location of European Metals' asset, the largest lithium project in Europe, means eventually transporting materials to battery manufacturers intended for modes of transport and energy grid systems will be key.
"The clear majority of European battery producers are indicating a requirement for lithium input to be supplied as battery grade lithium hydroxide,” says Coughlan.
“The fact that European Metals Holdings has now demonstrated the ability to produce this product from Cinovec ore is an exciting development that will enable the company to supply its final product into the European marketplace.”

Quick facts: European Metals Holdings

Price: 15.33 GBX

Market: AIM
Market Cap: £23.12 m

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