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Quarterly results show European Metals now modelling for Cinovec production at 22,500 tonnes of lithium carbonate

A bulk sample is now being taken of ore that will be representative of production

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Production from Cinovec will now be higher than envisioned in earlier studies
European Metals Holdings (LON:EMH) completed roast optimisation test work in July, in which it was established that improved recoveries could deliver increased lithium carbonate production from the Cinovec project in the Czech Republic. 
 
The roast/leach tests have reliably achieved lithium extractions in the region of 94% recovery. 

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The significance of these results is that a 7% increase in lithium recovery is predicted over that used in the preliminary feasibility study completed last year which in turn leads to an increase to 22,500tpa of lithium carbonate production from the project. 
 
On 6 June, European Metals announced the commencement of the beneficiation process and magnetic separation of a 15-tonne bulk sample which represents the ore that will be mined in the first stages of project development.
 
During the period, the company also announced the appointment of Neil Meadows to the position of chief operating officer.
 

Quick facts: European Metals Holdings

Price: 15.505 GBX

AIM:EMH
Market: AIM
Market Cap: £23.99 m
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