European Metals Holdings Ltd (LON:EMH) Managing Director Keith Coughlan talks to DirectorsTalk about the granting of three key permits in the development of the Cinovec Lithium/Tin Project in the Czech Republic. Keith explains the importance of these permits to the company and the project. Keith also explains why the PFS was based upon only a small portion of the resource, why the cost per tonne of lithium carbonate is higher than it was anticipated to be in the scoping study and why they chose to use the sodium sulphate roast and not the L-Max process as used in the scoping study.
European Metals Holdings Ltd Managing Director Keith Coughlan commented yesterday, “It is very pleasing to receive all of these permits and the licence in a clear and timely fashion. As there has been limited commissioning of new mining operations in the Czech Republic in recent times, the time line for the permitting process has not been specifically determined. The awarding of these permits increases our confidence in the future timing of operations and illustrates the support that development of the Cinovec Project enjoys in the Czech Republic.”