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HIGHLIGHTS • Successful locked-cycle test ( LCT ) results further support the Cinovec project s credentials to initially produce battery-grade lithium carbonate. • European Metals has demonstrated that Cinovec battery grade lithium carbonate can be easily converted into lithium hydroxide monohydrate with a commonly utilised liming plant process. • Six LCTs were planned but testwork was stopped after four cycles as the main process stream compositions had successfully stabilised. • Battery grade lithium carbonate was produced in every LCT with lithium recoveries of up to 92.0% achieved in the four LCTs performed. • The LCTs tested zinnwaldite concentrate from the southern part of Cinovec, representative of the first five years of mining.
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European Metals Executive Chairman Keith Coughlan believes that the Project s CO
2 footprint will be very low when compared with other hard rock lithium projects. The proximity to end users resulting in low transport CO
2, the fully integrated nature of the Project and anticipated lower CO
2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers. We are quietly confident and look forward to releasing the results of our Carbon Footprint assessment.
PERTH, Australia, May 12, 2021 (GLOBE NEWSWIRE)
European Metals Holdings Limited ((ASX &, AIM: EMH, NASDAQ:ERPNF) ( EMH , European Metals or the Company ) is pleased to announce that the Company has adopted a set of Environmental, Social and Governance (ESG) metrics and disclosures following the recommendations released by the World Economic Forum (WEF) in Geneva, Switzerland¹ which are acknowledged as the gold standard for ESG reporti