Question 1

What savings did European Metals Holdings say the switch to a single tunnel kiln and flowsheet optimisation would deliver?

Accepted Answer

European Metals Holdings said the switch to a single tunnel kiln plus Lithium Chemical Plant flowsheet optimisation would deliver cumulative capex savings of US$112 million and reduce opex by US$64 million per year.

Question 2

How much CO2 emissions reduction did European Metals Holdings estimate if the tunnel kiln is powered by renewables supplied by CEZ?

Accepted Answer

European Metals Holdings estimated an approximate 98,000 tonnes per annum CO2 emissions reduction versus the DFS rotary‑kiln configuration if the tunnel kiln is powered by renewables supplied by CEZ.

Question 3

What roast/leach recovery did European Metals Holdings report from the Cinovec tunnel kiln testwork?

Accepted Answer

European Metals Holdings reported roast/leach recovery of 93.4% from the Cinovec tunnel kiln testwork.

Question 4

What savings has European Metals Holdings reported from its preliminary technical optimisation for Cinovec?

Accepted Answer

European Metals Holdings reported potential cumulative savings of about US$112 million in capital expenditure and about US$64 million per year in operating expenditure from its preliminary technical optimisation work.

Question 5

What is the ownership split of Geomet s.r.o. for the Cinovec licence?

Accepted Answer

Geomet s.r.o., the licence vehicle for Cinovec, is owned 49% by European Metals Holdings and 51% by CEZ.

Question 6

What capex reduction did European Metals Holdings estimate from the tunnel kiln and flowsheet optimisation?

Accepted Answer

European Metals Holdings estimated an approximate US$112 million reduction in capital expenditure from the tunnel kiln and flowsheet optimisation.

Timeline

European Metals

European Metals latest analysis points to potential US$112m capex saving

European Metals' quarter marked two major permitting breakthroughs for Cinovec

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