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European Metals Eyes US$112m Capex Cut with Tunnel Kiln for Cinovec Lithium Project

9:17am on Wednesday 8th of July, 2026 AEST Mining
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European Metals Eyes US$112m Capex Cut with Tunnel Kiln for Cinovec Lithium Project

9:17am on Wednesday 8th of July, 2026 AEST
Key Points
  • Potential US$112m reduction in capital expenditure
  • Annual operating cost savings of US$10m from tunnel kiln
  • Tunnel kiln enables green electricity use, cutting emissions
  • Combined with lithium plant optimisation, total opex savings reach US$64m
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