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An update from European Metals Holdings Limited ( (AU:EMH) ) is now available.
European Metals Holdings Limited has completed the refinancing of a CZK 121 million loan, originally advanced for land acquisition at Dukla, to fund part of the Cinovec Project’s cash call without diluting shareholders. The refinancing, supported by project partner CEZ, underscores the commitment to the Cinovec Project amid growing optimism in the lithium market, with the company focused on delivering the Definitive Feasibility Study and optimizing the project.
More about European Metals Holdings Limited
European Metals Holdings Limited is a company engaged in the mining industry, focusing on lithium extraction and production. It is involved in the Cinovec Lithium Project, which is the largest hard rock lithium deposit in Europe and the fifth largest non-brine deposit globally. The company is strategically positioned to supply lithium to European markets, benefiting from the European Union’s push for critical raw materials.
Average Trading Volume: 144,344
Technical Sentiment Signal: Sell
Current Market Cap: A$39.58M
See more data about EMH stock on TipRanks’ Stock Analysis page.