European Lithium Secures Initial Funds from Greenpeg, an Eu-commission Funded R&D Project to Support Raw Lithium Sourced from Europe

European Lithium Limited (ASX:EUR, FRA:PF8, NEX:EUR, VSE:ELI) (EUR or the Company) is pleased to announce that ECM Lithium AT GmbH (ECM), the 100% subsidiary of EUR, has been approved as a member of the European Union funded GREENPEG program.

Following the progress as previously reported, European Lithium Limited (ASX:EUR, FRA:PF8, NEX:EUR, VSE:ELI) (EUR or the Company) is pleased to announce that ECM Lithium AT GmbH (ECM), the 100% subsidiary of EUR, has been approved as a member of the European Union funded GREENPEG program. GREENPEG is a complex R&D program, established by the University of Oslo with a number of high calibre partners from the European Union, involved in exploration activities to explore commercial valuable lithium deposits for production in Europe. Programs including GREENPEG show a strong commitment by the European Union to develop independent raw material sources from Europe to cover the future demand for innovative electric storage technology and systems based on Lithium-Ion-Batteries.

The University of OSLO officially started GREENPEG recently and ECM has received initial funds to cover the kick-off for its work program.

Furthermore, EUR is pleased to announce, that the GREENPEG work program was successfully developed together with GeoUnterweissacher consultancy from Hochfilzen in Austria. Dr Unterweissacher, who is EUR’s long term geological advisor and consultant, will be responsible for managing the GREENPEG program together with ECM.

Tony Sage EUR Non-Executive Chairman commented: “This EU collaboration combined with the Companys recent engagement with the Noble Group bodes well for the future of the Wolsberg project. We are continuing to access all available funds from the EU direct and also from the various European countries have on offer for E Mobility.”

Dietrich Wanke EUR and ECM CEO commented: “Given the challenging times we are facing at present, it is an important step for EUR to have the Wolfsgerg Lithium Project engaged with European Union’s support for Lithium supply from Europe.”

This announcement has been authorised for release to the ASX by the Board of the Company.

Source

Graphite Metallurgical Test Work Update

Highlights:

  • Bulk sample of Springdale graphite concentrate estimated to be completed in Q2 2021.
  • Concentrate material will then be sent to Germany to test its amenability for the production of battery anode material suitable for use in EVs.
  • Final test results expected in Q3 2021.

Comet Resources Ltd (ASX:CRL) is pleased provide an update on ongoing test work on natural flake graphite from its Springdale Graphite Project (Springdale) located in Western Australia. Both excellent grade and recoveries were achieved on initial tests, leading to commencement of work to produce a bulk sample for further testing. Importantly, the graphite concentrates previously produced demonstrated a unique and potentially very valuable characteristic in its small size distribution, with two-thirds of the product passing the 38 µm size fraction screen. Generally, this small size fraction of graphite is a by-product of processing of larger flake fractions, which produces smaller size graphite, but in doing so also damages the smaller flake material in the process, reducing their performance and value. Deposits that contain high quality ultra-fine graphite are uncommon and are potentially suitable for supplying the expanding battery anode market, which continues to grow as the sales of electric vehicles (EVs) increase. Graphite suitable for battery anode production also achieves premium pricing in graphite markets, making it a highly sought-after product.

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Mineral sand monazite is an abundant REE-rich feedstock, that can be accessed as a by-product from global mineral-sand mines that target zirconium and titanium, without the need for additional mining. Medallion’s business model is centered on the Medallion Monazite Process , a transferable and scalable technology designed to accept multiple mineral-sand monazite feedstocks and extract high-value REEs with high efficiency, high recovery and zero liquid waste.

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  • Sal de Vida development Plan
  • Sal de Vida Resource & Reserve Update
  • March 2021 Quarterly Results Conference Call
  • Notice of Annual General Meeting/ Proxy Form
  • 2020 Annual Report
  • 2020 Sustainability Report
  • 2020 Corporate Governance Statement
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The announcement can be viewed at:

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Highlights:

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