The EIA supports the outcomes of the recently completed #DFS, which confirms Cinovec as a long-life, large-scale #European lithium project with a 26+ year mine life and forecast production of approx. 37,500 tonnes per annum of #battery-grade lithium #carbonate.
🔊 Full Environmental Impact Assessment Submitted For Cinovec Lithium Project
We are pleased to advise that the full EIA for the Cinovec #Lithium Project was formally submitted to the Czech Ministry of the Environment on 31 December 2025.
https://t.co/nMHQX90hiB
The submission completes the 2-stage EIA process, following lodgment of the screening-stage assessment earlier in 2025, and represents a key regulatory milestone for the Project.
Coming at a time of renewed positive outlook for #lithium and strong geopolitical commitment to Critical Raw Material supply chain security, the grant confirms the significant support at both Czech Government and European Union levels.”
🔊 Approval of up to €360 Million Czech Government Grant - strong EU and national support for Cinovec
Geomet has been informed it has been awarded a grant of up to EUR 360 million for the development of our flagship Cinovec #Lithium Project:
https://t.co/OiKeRUVDor
Following the previously detailed formal recognition of the Project, the approval of such a significant financial contribution clearly demonstrates the support for and importance of Cinovec in the future of European #electromobility.
With additional test work indicated further flowsheet improvements and potential reagent and waste reductions, we remain focused on delivering the DFS in October 2025 and closing the value gap between EMH's market capitalization and the project fundamentals."
🔊 Funding Pathway Secured to Complete Cinovec DFS; A$3m Placement and Non-Dilutive Refinancing
Geomet has issued a € 11.0 million cash call to fund completion of the DFS. Under the project ownership structure, EMH's share is € 5.39 million.
https://t.co/y6lURsv8Ku
"The Geomet cash call is a key step in completing the DFS and keeping Cinovec on its critical path. We have acted quickly to secure A$3 million and are pursuing non-dilutive funding for the bulk of the cash call via the Dukla loan refinance and potential land sale.
A critical step in securing the Final Mining Permit over the entire #Cinovec Deposit as we work towards the completion of the DFS. The recent macro improvement in the #lithium market & renewed regional support suggests that the project will come to fruition at an opportune time.
🔊 Preliminary #Mining#Permit granted for Cinovec South
We are pleased to announce that our subsidiary Geomet has been granted an updated Preliminary Mining Permit by the Czech Ministry of the Environment for the southern part of the #Cinovec deposit.
https://t.co/TzJkigV8cS
✅ The Cinovec Project is a Strategic Project under the EU Critical Raw Materials Act (“CRMA”).
✅ Cinovec mineral deposit is designated a Strategic Deposit by the Czech government for the purposes of the Czech Construction Code.
🔊 USD 36 million Just Transition Fund Grant Approved for #Cinovec Project
We are pleased to announce an update in relation to grant funding by the European Union for the Cinovec Project >>
https://t.co/hDtMLbgd2h
✅ Czech selection panel of the managing authority for the EU JTF has approved a US$ 36 million grant to the Cinovec Project.
✅ JTF grant is conditional on the Project EIA being submitted by 31/12/25 & approval of the EIA by the Czech Ministry of Environment by 30/06/26
Watch our Executive Chairman Keith Coughlan discuss the latest developments regarding the #EU Critical Raw Materials Act and what the Strategic Project designation means for #Cinovec and the future of European #lithium supply:
https://t.co/vg1krT9Tmp
🔊Cinovec selected as Strategic Project by the @EU_Commission under the EU Critical Raw Materials Act (CRMA)!
European Metals has been chosen as one of the 47 Strategic Projects - a key step towards securing Europe’s supply of critical raw materials!
https://t.co/CoKZ2oUIuj
With an expected €22.5 billion in overall investment across 47 Strategic Projects, Cinovec and others will benefit from:
📌 Access to finance and support from the Commission, Member States & financiers
📌 Streamlined permitting
📌 Stronger connections with key offtakers
This status will enable the project timeline to be expedited and provides a
clear signal of the importance of the development of Cinovec by the Czech Government for both the European car industry as well as the EU green transition.
🔊 Cinovec has been designated a "Strategic Deposit" for the purposes of the #Czech Construction Code, simplifying and shortening permitting.
The designation will enhance the predictability and speed of the permitting processes >>
https://t.co/JAmHh2O1Zo
This designation helps
accelerate permitting processes in the following ways:
✅ Expedited approval process
✅ Reduced administrative burden
✅ Priority environmental impact assessment (EIA) review
✅ Use of exceptional procedures