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the memorandum of understanding (MOU)

Czech lithium mine deal signed

Thu, 10/12/2017 - 09:32 -- Xuan Zhong
Czech lithium mine deal signed

The Czech government has signed an agreement to cooperate on developing the country’s Cinovec lithium deposit with Australian- and UK-listed mineral exploration and development company European Metals Holdings Limited (EMH).

The memorandum of understanding (MOU) with EMH, which owns 100% of the Cinovec deposit, was signed on 2 October— despite concerns raised by political leaders about the granting of exploration rights to EMH, which owns the domestic mining firm Geomet.

 

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