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European Metals Advances Cinovec Lithium Project with DFS Completion and €360m Grant Approval

Story Highlights
  • European Metals completed a feasibility study confirming Cinovec as a major long-life lithium producer.
  • A €360 million Czech grant, EIA submission and new funding move Cinovec closer to production.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
European Metals Advances Cinovec Lithium Project with DFS Completion and €360m Grant Approval

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An update from European Metals Holdings Limited ( (AU:EMH) ) is now available.

European Metals Holdings has significantly advanced its Cinovec Lithium Project in the Czech Republic over the December 2025 quarter, completing a Definitive Feasibility Study that confirms Cinovec as a long-life producer of 37,500 tonnes per annum of battery-grade lithium carbonate, equivalent to about 5.2% of projected EU lithium demand in 2030 and enough for around 1.3 million EV batteries annually. The project’s robust economics, with a pre-tax NPV of US$1.455 billion and a 14.8% pre-tax IRR over the initial 23 years of a 27-year mine life, alongside the approval of up to €360 million in Czech government grant funding and the submission of a full Environmental Impact Assessment, move the development closer to final permitting, financing and investment decision, reinforcing its strategic role under EU critical raw materials and climate transition frameworks. Post quarter-end, the company raised approximately A$3.46 million via a placement to support ongoing project work, managed short-term funding through a $750,000 loan facility to be repaid from the placement proceeds, and reported quarterly cash outflows of $1.22 million mainly tied to the feasibility study, underscoring a period of intensive de-risking and capital mobilisation for the flagship asset.

The most recent analyst rating on (AU:EMH) stock is a Hold with a A$0.44 price target. To see the full list of analyst forecasts on European Metals Holdings Limited stock, see the AU:EMH Stock Forecast page.

More about European Metals Holdings Limited

European Metals Holdings Limited is an Australia- and UK-listed resources company focused on developing the Cinovec Lithium Project in the Czech Republic. The project aims to produce battery-grade lithium carbonate for the European electric vehicle and energy storage markets, positioning the company as a potential key supplier of critical raw materials to the EU’s emerging battery supply chain.

Average Trading Volume: 338,386

Technical Sentiment Signal: Buy

Current Market Cap: A$88.44M

Learn more about EMH stock on TipRanks’ Stock Analysis page.

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