Results of Operations The consolidated loss for the half year ended 31 December 2020 amounted to $2,317,327 (2019: $1,591,389 loss). Review of Operations F or the reporting period the Company continued to manage the advancement of the Cinovec Lithium/Tin Project in Czech Republic. The macro conditions relative to the Project have been very strong for the period. Global lithium prices steadily increased, with more dramatic increases seen immediately post the period. In addition to the global conditions, support within the European Union (the Company s region of operations) for battery metals project development has increased substantially. Some significant highlights of the project development and EMH level initiatives for the period are as follows.
Šefčovič tale ved pressemødet efter det femte møde på højt plan i den europæiske batterilliance
03/12/2021 | 07:19am EDT
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Message : Ladies and gentlemen,
2020 was another defining year for the European Battery Alliance. I am therefore glad that we
have met today - the Commission, Ministers from leading Member States and the European Investment Bank - to
assess the progress achieved, but mainly, to
discuss the way forward. Despite the pandemic,
Europe continues to be a battery hotspot, closing the investment gap to our major Asian competitors, and in moving fast towards its
open strategic autonomy in this critical sector.
Met dank overgenomen van Europese Commissie (EC), gepubliceerd op vrijdag 12 maart 2021.
Ladies and gentlemen,
2020 was another defining year for the European Battery Alliance. I am therefore glad that we
have met today - the Commission, Ministers from leading Member States and the European Investment Bank - to
assess the progress achieved, but mainly, to
discuss the way forward.
Despite the pandemic,
Europe continues to be a battery hotspot, closing the investment gap to our major Asian competitors, and in moving fast towards its
open strategic autonomy in this critical sector.
In this context, let me highlight that
almost 70 industrial projects are being supported by the Alliance, while expected to create 3 to 4 million jobs by 2025. Many of the battery investments have recently
Green Deal Making the economy sustainable
How many new jobs will be created?
The European Commission expects up to 4 million new jobs to be created by 2025 as a result of dozens of new industrial alliances in the battery cell business.
Le Maire said meeting this goal would require massive programs to train enough workers for the EU to catch up with rival battery makers. Our goal is to train and reconvert 800,000 workers between now and 2025 across the entire value chain for electric vehicles, he said by video link from Paris.
Battery cell production: Is Germany too late to the party?
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