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European Lithium will use cutting-edge technology to help fuel Europe’s sustainable energy future

Last updated: 15:14 21 Mar 2024 AEDT, First published: 16:31 08 Jan 2023 AEDT

Snapshot

  • European Lithium price “should be higher” based on Critical Metals Corp. successful Nasdaq performance, says analyst
  • What’s needed to fuel EV expansion in Europe: McKinsey
  • European Lithium boosts lithium interests in Europe’s heart
European Lithium Ltd - European Lithium will use cutting-edge technology to help fuel Europe’s sustainable energy future

About the company

European Lithium Ltd (ASX:EUR) is a mining exploration and development company focusing on its wholly-owned Wolfsberg Lithium Project in Austria.

The company is advancing the project in the heart of Europe with the intention of helping to meet Europe’s growing demand for self-sufficiency in the supply of natural resources.

How it is doing

21 Mar 2024

The early Nasdaq trading successes of Critical Metals Corp. (CRML), the recent union of European Lithium Ltd (ASX:EUR, OTCQB:EULIF) and Sizzle Acquisition Corp, point to potential added value for shareholders of European Lithium.

On the most recent Nasdaq trading day CRML surged more than 26% to close at US$13.03 during the day with turnover equaling at least A$1 million.

This valued EUR’s 83.03% stake at more than A$1.3 billion, however, Martin Place Securities’ Barry Dawes said this was yet to be reflected in EUR’s current share price of around A$0.078.

Dawes said that with a current market cap of US$1.064 billion and the trading successes of CRML, EUR shares should be at least five times higher than current levels.

01 Mar 2024

Newly minted Critical Metals Corp, the union of European Lithium Ltd (ASX:EUR, OTCQB:EULIF) and Sizzle Acquisition Corp, has commenced trading on the Nasdaq stock exchange under the ticker CRML as of February 28.

The company is poised to advance the construction and commissioning of the Wolfsberg Lithium Project.

01 Feb 2024

European Lithium Ltd (ASX:EUR, OTCQB:EULIF) is gaining traction in the lithium and rare earth sectors in its namesake target market, says Martin Place Securities, with a series of strategic initiatives placing it on a growth trajectory.

The key drivers of this growth include the company’s Wolfsberg Lithium Project, a diverse portfolio that spans across Europe, and a listing on the Nasdaq.

Insight: What’s needed to fuel EV expansion in Europe: McKinsey

15 Dec 2022

Europe will need at least three million more electric vehicle charging stations by 2030 to meet the projected growth for EVs on the continent, according to a new report by McKinsey.

That will require a staggering 807% increase over less than a decade, a prospect that will have lithium miners across the globe rubbing their hands together with glee.

What management says

22 Jun 2023

European Lithium Ltd (ASX:EUR, OTCQB:EULIF) chairman Tony Sage speaks to Proactive’s Elisha Newell after the company bolstered its critical minerals exposure in the heart of Europe with three new lithium projects. Spodumene pegmatite samples from the Bretstein-Lachtal, Klementkogel and Wildbachgraben assets returned up to 3.98% lithium oxide just a stone’s throw from EUR’s advanced Wolfsberg project. Sage says the company’s expanded portfolio will fit seamlessly with its existing landholding in Austria’s resource-rich Styria mining district.

European Lithium boosts lithium interests in Europe’s heart

European Lithium Ltd (ASX:EUR, OTCQB:EULIF) chairman Tony Sage speaks to Proactive’s Elisha Newell after the company bolstered its critical minerals exposure in the heart of Europe with three new lithium projects. Spodumene pegmatite samples from the Bretstein-Lachtal, Klementkogel and...

on 22/6/23