Business
Lithium Process Update
Lithium Process Update.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 6983T European Metals Holdings Limited 31 March 2016 \n\n31 March 2016 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nLithium Process Update\n \n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX and AIM: EMH) is pleased to provide an update regarding the preferred metallurgical process route for the extraction of lithium from its 100% owned Cinovec Project in the Czech Republic.\nAs announced on 15 January 2016, the Company has been conducting independent studies to evaluate a number of existing lithium extraction methods. As a result of the positive results of those studies the Company has engaged with Dorfner Anzaplan to conduct the next level of advanced test work at its facilities in Hirschau, Germany.\nDorfner Anzaplan are a specialist in testing and engineering services for high value industrial and strategic minerals and downstream products and have had previous experience in the treatment of lithium minerals.\nThe Company has terminated its Heads of Agreement with Lithium Australia NL (ASX Code: LIT) involving the potential use of the Li-Max technology. Whilst the Company considers Li-Max to be a viable process warranting further investigation, it has been unable to arrive at terms that are commercially acceptable to the Company.\nCEO Keith Coughlan commented:\n\"We are very pleased to be working with Dorfner Anzaplan to advance the Cinovec Project. Dorfner are a very well regarded specialist firm who have extensive experience working with lithium minerals and in dealing with European end users. Dorfn...