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European Metals Holdings Ltd

Big on batteries: government finally seizes on lithium-ion potential

The federal government wants to seize a “once-in-a-generation opportunity” to position Australia as a world leader in the rapidly developing lithium-ion battery manufacturing sector.

Releasing a new strategy document from Austrade on Tuesday, the investment minister, Simon Birmingham, said the time was right to capitalise on growing global demand.

“Australia has a once-in-a-generation opportunity to transform into a major processing, manufacturing and trading hub for lithium-ion batteries,” Birmingham said in a statement.

 

European Metals Holdings Ltd (LON:EMH) are an Australian and UK listed mineral exploration and development company advancing the Cinovec Lithium / Tin Project in Czech Republic. Cinovec hosts the largest lithium resource in Europe, and one of the largest undeveloped tin resources in the world. 

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.