Lithium will be processed in CR

Published: 03.10.2017 Related countries:  United Arab Emirates United Arab Emirates

The investment to realization the project can reach ten billion. At the same time it would bring about a thousand jobs. Australia is today the largest Lithium producer in the world.

Czech Republic has reached an agreement with Australian miners and signed a memorandum on the mining and subsequent processing of lithium in CR. According to the estimations, CR holds 3-6% of global lithium reserves. Czech government has signed a memorandum with Australian mining company European Metals for future mining of the lithium found at Cínovec. Mining is scheduled to start after 2020, Hospodářské noviny informs.

Source: CIANEWS, Ihned