Cadence Minerals plc’s investee company European Metals Holdings Ltd is to buy land for $43.96 million on which to build lithium and ore beneficiation plants for the Cinovec lithium-tin mine in the Czech Republic. DUKLA The project, on the border with Germany, is 100% owned by Geomet s.r.o which in turn is 49% owned by […]
Tag: Cinovec lithium project – Czech Republic
Cadence notes possible £43m for Cinovec lithium
Cadence Minerals plc noted that its investee company’s joint venture (JV) Cinovec lithium project could receive up to £43 million funding after being classified as a strategic project for the Usti region of the Czech Republic. PRIORITY The JV is between CEZ a.s. and Australian company European Metals Holdings in which Cadence owns approximately 7.2%. […]