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European Metals Holdings adopts ESG protocols

Published: 17:05 10 May 2021 AEST

European Metals Holdings -

European Metals Holdings Ltd (LON:EMH)(ASX:EMH) said it has adopted a set of environmental, social and governance protocols, following the recommendations of the World Economic Forum in Switzerland.

It will establish an ESG committee at board level, to be chaired by Ambassador Lincoln Bloomfield, who has considerable experience in this area.

The company, which is advancing the Cinovec lithium and tin project in the Czech Republic, believes that the carbon dioxide footprint of the project will be low when compared with other hard rock lithium projects, said executive chairman Keith Coughlan.

"The proximity to end users resulting in low transport CO2, the fully integrated nature of the project and anticipated lower CO2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers," he said. 

"We are quietly confident and look forward to releasing the results of our carbon footprint assessment."

Cinovec is the largest hard rock lithium deposit in Europe, the fourth-largest non-brine deposit in the world and a globally significant tin resource.

European Metals still aiming to publish DFS this year

European Metals Holdings Ltd (AIM:EMH, ASX:EMH, OTCQX:EMHLF) Executive Chairman Keith Coughlan speaks to Thomas Warner from Proactive after the mineral exploration and development company announced results from the Lithium Chemical Plant (LCP) pilot programme at its Cinovec Project in the Czech...

on 9/11/23