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CEZ Keeps Geomet Moving as European Metals Seeks to Restore Its Stake

8:35am on Wednesday 30th of September, 2026 AEST • Mining and Resources
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CEZ Keeps Geomet Moving as European Metals Seeks to Restore Its Stake

8:35am on Wednesday 30th of September, 2026 AEST
Key Points
  • CEZ to fund European Metals’ EUR6.37 million share of Geomet’s cash call
  • European Metals’ Geomet interest falls from 49% to 42.62%
  • Option to restore ownership costs EUR6.448 million
  • Financing remains uncommitted ahead of the 13 November deadline
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