European Lithium is an Australian lithium company with a portfolio of prospective projects located in Europe. The company is focused on the exploration and development of high-grade lithium deposits in Austria, Serbia, Sweden and Portugal.
European Lithium has completed drilling and mapping on its four major project sites. The Wolfsberg Lithium Project, located in Austria, is the largest and at the heart of the company’s European operations. The site is host to a total of three pegmatite fields, covering a combined area of 3.67 square kilometers. Preliminary exploration revealed potential for high-grade lithium mineralization, which bodes well for the further development of the project.
The Waldsberg Lithium Project has a total indicated and inferred resource of 8.8 million tonnes at an average grade of 0.74% lithium. This means that the site could hold almost 65,000 tonnes of contained lithium, making it an exceptionally promising prospect.
The other three European Lithium projects are equally impressive. The Mariana Lithium Project in Portugal has an Indicated and Inferred resource of 4.2 million tonnes at 0.37% lithium; the Jagala Lithium Project in Serbia has an Indicated and Inferred resource of 5.5 million tonnes at 1.04% lithium; and finally, the Zhovtkivske Lithium Project in Ukraine has an Indicated and Inferred resource of 3.6 million tonnes at 0.73% lithium.
Overall, the portfolio of European Lithium projects could represent a substantial opportunity for the company. By developing these sites, the firm would have greater access to the growing European lithium market. As the demand for lithium continues to expand, in line with the rise of the electric vehicle industry, this opportunity may continue to strengthen.
The future success of European Lithium could hinge upon the successful extraction of its prospective resources, as well as the development of an efficient supply chain of raw materials across Europe. For the moment, European Lithium continues to explore and evaluate the potential of its projects and remains optimistic about its prospects for commercial lithium production.
European Lithium is an Australian lithium company with a portfolio of prospective projects located in Europe. The company is focused on the exploration and development of high-grade lithium deposits in Austria, Serbia, Sweden and Portugal.
European Lithium has completed drilling and mapping on its four major project sites. The Wolfsberg Lithium Project, located in Austria, is the largest and at the heart of the company’s European operations. The site is host to a total of three pegmatite fields, covering a combined area of 3.67 square kilometers. Preliminary exploration revealed potential for high-grade lithium mineralization, which bodes well for the further development of the project.
The Waldsberg Lithium Project has a total indicated and inferred resource of 8.8 million tonnes at an average grade of 0.74% lithium. This means that the site could hold almost 65,000 tonnes of contained lithium, making it an exceptionally promising prospect.
The other three European Lithium projects are equally impressive. The Mariana Lithium Project in Portugal has an Indicated and Inferred resource of 4.2 million tonnes at 0.37% lithium; the Jagala Lithium Project in Serbia has an Indicated and Inferred resource of 5.5 million tonnes at 1.04% lithium; and finally, the Zhovtkivske Lithium Project in Ukraine has an Indicated and Inferred resource of 3.6 million tonnes at 0.73% lithium.
Overall, the portfolio of European Lithium projects could represent a substantial opportunity for the company. By developing these sites, the firm would have greater access to the growing European lithium market. As the demand for lithium continues to expand, in line with the rise of the electric vehicle industry, this opportunity may continue to strengthen.
The future success of European Lithium could hinge upon the successful extraction of its prospective resources, as well as the development of an efficient supply chain of raw materials across Europe. For the moment, European Lithium continues to explore and evaluate the potential of its projects and remains optimistic about its prospects for commercial lithium production.
