European Metals Holdings Limited has announce a significant increase in the planned annual production of lithium chemicals from the Cinovec Project (Cinovec).

According to the release, the planned production of battery-grade lithium hydroxide monohydrate increased by 42% to 41,658 tpa or 36,670 tpa of battery-grade lithium carbonate. Planned run-of-mine ore production increased by 42% taking the Project production rate from 2.25 mtpa to 3.20 mtpa, without processing plant head grade, the Life of Mine or plant recovery being significantly impacted. This planned increase in production enables the Project to benefit from significant economies of scale which will be confirmed in the Definitive Feasibility Study (DFS) now due for completion in mid-2025.

Keith Coughlan, Executive Chairman, commented: “This work on the production increase was carried out by Bara as part of its Mining DFS and is another example of the important work being done to improve the economics of the Cinovec Project during the extended timeframe for the DFS. This significant increase in planned lithium output will lead to additional recognition of how important the Cinovec Project is and the role the Project will play in enabling the EU to reach its goals of lithium self-sufficiency by 2030.”