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European Lithium CEO sees big growth in electric cars & energy storage

European Lithium (ASX:EUR) CEO Steve Kesler tells Proactive Investors that lithium has a very exciting future, particularly in Europe that the company is well placed to exploit

"Up until now, none of the modem manufacturers have had any battery production in Europe, but they now see the need for a lithium supply in Europe to feed the battery plants of Europe, to feed the batteries to feed the cars in Europe" he says.

Kesler says listing on the Australian Stock Exchange will raise the funds they need to begin with "Our intention is to complete a one year pre-feasibility study, look at all the options, the maximum size we can practically achieve, decide the project to take into permitting, go into construction and then into production" he says.

Quick facts: European Lithium Ltd

Price: 0.082 AUD

ASX:EUR
Market: ASX
Market Cap: $48.15 m
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