European Metals Advances Cinovec Economics Through LCP Optimisation
European Metals Holdings Limited (ASX: EMH) has reported encouraging results from an optimisation review of the Lithium Chemical Plant (LCP) at its Cinovec Lithium Project in the Czech Republic. The revised process design has the potential to reduce major reagent consumption by approximately US$51 million per year and lower power consumption in key processing stages by more than 25%, equivalent to around US$3.4 million annually. These improvements could materially enhance the project’s economics and increase the value of the Definitive Feasibility Study (DFS), while also potentially reducing capital requirements through a simplified plant configuration.
The optimisation work, supported by SysCAD modelling and historical testwork data, indicates substantial reductions in caustic soda, sulphuric acid, and sodium sulphate usage, alongside a modest improvement in lithium recovery rates. Independent technical review has concluded that the proposed flowsheet is viable, subject to further locked-cycle testwork and validation.
Separately, the company confirmed progress on environmental permitting, with the Environmental Impact Assessment (EIA) hearing completed and the process expected to conclude by the end of 2026. Completion of the EIA is expected to support future mining and construction permit applications, advancing development of the strategically important Cinovec Lithium Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au
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European Metals Advances Cinovec Economics Through LCP Optimisation
European Metals Holdings Limited (ASX: EMH) has reported encouraging results from an optimisation review of the Lithium Chemical Plant (LCP) at its Cinovec Lithium Project in the Czech Republic. The revised process design has the potential to reduce major reagent consumption by approximately US$51 million per year and lower power consumption in key processing stages by more than 25%, equivalent to around US$3.4 million annually. These improvements could materially enhance the project’s economics and increase the value of the Definitive Feasibility Study (DFS), while also potentially reducing capital requirements through a simplified plant configuration.
The optimisation work, supported by SysCAD modelling and historical testwork data, indicates substantial reductions in caustic soda, sulphuric acid, and sodium sulphate usage, alongside a modest improvement in lithium recovery rates. Independent technical review has concluded that the proposed flowsheet is viable, subject to further locked-cycle testwork and validation.
Separately, the company confirmed progress on environmental permitting, with the Environmental Impact Assessment (EIA) hearing completed and the process expected to conclude by the end of 2026. Completion of the EIA is expected to support future mining and construction permit applications, advancing development of the strategically important Cinovec Lithium Project.
Customer Notice:
Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.
Kapitales Research, Level 13, Suite 1A, 465 Victoria Ave, Chatswood, NSW 2067, Australia | 1800 005 780 | info@kapitales.com.au