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Drilling go-ahead for Czech lithium project

Mon, 10/08/2018 - 00:00 -- John Shepherd
Andrej Babis

The developer of the Czech Republic’s Cinovec lithium deposit has been given the green light to launch drilling as part of a definitive feasibility study (DFS) for the project.

European Metals Holdings (EMH) said authorities had approved a total of 13 drill holes for a total drilled length of 3,386 metres.

The decision appears to have removed a cloud that hung over the project earlier this year, when Czech prime minister Andrej Babis (pictured) said the state should control the project and reap the rewards of any future lithium sales to power the expanding EV batteries and electric storage market. But local media reports claim Babis still wants greater state involvement.

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