European Lithium is a listed (ASX: EUR)(FRA: PF8)(VSE: ELI) mining exploration and development company focusing on its wholly owned Wolfsberg Lithium Project in Austria. We aim to be the first local lithium supplier into an integrated European battery supply chain.
Located 270km SW of Vienna, in Carinthia, Austria, Wolfsberg is a hard rock lithium deposit with historical exploration a JORC resource, with exploration upside. Close to road and rail infrastructure we are well located to service European consumers, the EV industry and growing number of battery manufacturers in the region. A recently completed positive PFS supports planned lithium hydroxide sales into an integrated European battery supply chain.
Lithium is a highly versatile metal that is widely used in glass and ceramic manufacture, aluminium smelting, greases, air treatment, metallurgical powders, polymers and a variety of speciality salts and pharmaceuticals. Lithium is a key component of Li-ion battery chemistry; the dominant rechargeable battery technology.
European Lithium (FRA: PF8, VSE: ELI, NEX: EUR, ASX: EUR) has reported on the optimization of its financing structure in its press release titled ‘European Lithium Signs Binding Agreement for A$10 M Funding Facility’.
A Chinese battery maker carved out of the country’s biggest sport utility vehicle manufacturer, Great Wall Motor Co Ltd, on Tuesday said it is planning its first overseas manufacturing base in Europe. SVOLT Energy
There is huge opportunity for Europe to capture a significant share of the lithium battery value chain, and potentially position the European electric vehicle sector as a global leader. Full Article Published 4
The clean energy revolution has created a need to secure lithium supply, a key component in the dominate Li-ion battery space and satisfy growing Global and European demand. Having lagged behind, Europe is now investing billions of Euros to transform its auto industry and become a leader in electrified mobility. European Lithium’s Wolfsberg Lithium Project is in the heart of Europe’s burgeoning cluster of battery manufacturers.