European Metals Holdings Limited (AU:EMH) has released an update.
Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
European Metals Holdings Limited has reported significant progress for their Cinovec Lithium Project in 2024, despite a challenging economic landscape with lithium prices falling 80%. The company has achieved key milestones including producing battery-grade lithium compounds and extending their mining permits, while also welcoming the European Bank for Reconstruction and Development as a shareholder. The project, supported by the Czech government, aims to address the EU’s lithium supply gap as demand for batteries grows.
For further insights into AU:EMH stock, check out TipRanks’ Stock Analysis page.