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Lithium Explorer EMH Believes Cinovec to Have Low Carbon Footprint Compared to Peers and to Adopt Gold Standard of ESG Reporting


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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 sta ....

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Investegate |European Metals Hldg Announcements | European Metals Hldg: Half-year Report


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. ....

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