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European Lithium Clarifies Resource Estimates at Tanbreez Project

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European Lithium Clarifies Resource Estimates at Tanbreez Project

Confident Investing Starts Here:

European Lithium ( (AU:EUR) ) has shared an announcement.

European Lithium Limited responded to an ASX query regarding its Tanbreez project, confirming the presence of mineral resources for arfvedsonite and feldspar, with a total of 90 million tonnes comprising 51 million tonnes of Indicated Resource and 39 million tonnes of Inferred Resource. The announcement clarifies the company’s compliance with reporting standards and highlights its progress in resource assessment, which could strengthen its position in the industrial minerals market.

More about European Lithium

European Lithium Limited operates in the mining industry, focusing on the exploration and development of lithium resources. The company is involved in projects that aim to supply lithium, a critical component in battery production, to meet the growing demand in the electric vehicle and renewable energy sectors.

Average Trading Volume: 974,463

Technical Sentiment Signal: Sell

Current Market Cap: A$74.09M

See more insights into EUR stock on TipRanks’ Stock Analysis page.

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