European Lithium highlights robust Wolfsberg DFS and ‘game-changing’ Saudi JV | News Direct

European Lithium highlights robust Wolfsberg DFS and ‘game-changing’ Saudi JV

European Lithium Ltd
News release by European Lithium Ltd

facebook icon linkedin icon twitter icon pinterest icon email icon Melbourne, Victoria | March 13, 2023 11:50 AM Eastern Daylight Time

European Lithium Ltd (ASX:EUR, OTCQB:EULIF) chairman Tony Sage talks Proactive through the robust findings of a definitive feasibility study on its Wolfsberg Lithium Project in Austria - outlining an NPV of US$1.5 billion and IRR of 33.3%. Sage also welcomes a non-binding MoU with Saudi-based Obeikan Investment Group to build and operate a hydroxide plant under a joint venture.

 

 

Contact Details

 

Proactive Investors

 

Jonathan Jackson

 

+61 413 713 744

 

jonathan@proactiveinvestors.com

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European Lithium LtdlithiumminingAsxproactiveAustraliaproactiveInvestors