Business
Option to Use L-Max Technology Signed
Option to Use L-Max Technology Signed.
About this update from European Metals Holdings Ltd
[{"type":"text","content":"\n \nRNS Number : 9284W European Metals Holdings Limited 02 May 2016 \n\n2 May 2016 For immediate release\n \n \nEUROPEAN METALS HOLDINGS LIMITED\nOption to Use L-Max® Technology Signed\n \n \nEuropean Metals Holdings Limited (\"European Metals\" or \"the Company\") (ASX and AIM: EMH) is pleased to announce it has entered into a licensing agreement option to utilize the L-Max® process directly with the owner and developer of the process, Lepidico Limited (\"Lepidico\").\nHighlights:\n\n\n\n\n· Access to L-Max® technology - previously successfully used in European Metals Scoping Study on Cinovec ore\n\n\n\n\n· Adds an additional option with regards to metallurgical process route to be investigated as part of the current Preliminary Feasibility Study\n\n\n\n\n \nEuropean Metals Managing Director Keith Coughlan commented, \"We are very pleased to have entered into this agreement with Lepidico giving us the option to conduct further work with them using the L-Max® technology. Our previous experience with the technology has been very encouraging, as have all our dealings with Lepidico. This brings to four the total number of processing alternatives now available to the Company. We will continue to work with Lepidico and Dorfner Anzaplan to determine the most economic process for the Cinovec project during the PFS period.\"\nFurther Information\nThe L-Max® process was used very successfully in the Company's Scoping Study last year and battery grade lithium carbonate was precipitated as part of that work using L-Max®...