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European Metals Secures $36M EU Grant, Accelerates Cinovec Lithium Project

5:47am on Monday 2nd of June, 2025 AEST Mining
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European Metals Secures $36M EU Grant, Accelerates Cinovec Lithium Project

5:47am on Monday 2nd of June, 2025 AEST
Key Points
  • Cinovec designated Strategic Project under EU Critical Raw Materials Act
  • Czech government declares Cinovec a Strategic Deposit, accelerating permits
  • Concept Study indicates potential to increase lithium production beyond 29,386 tpa
  • USD 36 million EU Just Transition Fund grant approved, conditional on EIA
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