EMH Share Price History
21 May, 2021
Measured Resource Drilling UpdatePERTH, Australia, May 21, 2021 (GLOBE NEWSWIRE) -- European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) (“European Metals” or the “Company”) is pleased to announce that the Cinovec Project company Geomet S.R.O has submitted the documentation related to the initial EIA notification to the Czech Ministry of the Environment. The Company also provides the latest results from its current nineteen hole resource drilling programme at the Cinovec Project. The current programme of work was announced by the Company on 10 August 2020 (Measured Resource Drilling Commenced). Drilling of seventeen of the nineteen holes has been completed and the eighteenth hole is currently underway. Analytical results for another six of the drill holes from the Cinovec South deposit are reported. European Metals Executive Chairman Keith Coughlan said: “We are pleased to report that submission of the EIA to the Czech Government fulfills a critical path item in relation to finalising the approval for the Cinovec mine. We anticipate that the process will enable European Metals and its JV partner CEZ to actively engage with the relevant stakeholders to ensure that all affected parties are consulted and all viewpoints are actively considered. With regards the drill results we advise that these interim results of the current drilling programme at Cinovec are either in line with, or better than our expectations. The primary purpose of the programme is to convert a larger portion of the resource to the measured category to provide greater certainty of the financial model and security to the financiers we are currently in discussions with. It is important to note that the first stage of the proposed process, the wet magnetic separation has the effect of greatly increasing the grade of lithium oxide in the concentrate to approximately 2.85%. The zinnwaldite concentrate produced from Cinovec requires only roasting, compared to the calcination and roasting required of processing spodumene. This will have the effect of considerably reducing greenhouse gas emissions of the Project when compared to existing spodumene projects.” ENVIRONMENTAL IMPACT ASSESSMENT The Submission of the EIA to the Czech Ministry of the Environment officially initiates the environmental impact assessment process of the Cinovec project. The Ministry of Environment has launched a two-month screening procedure, including the notification of all concerned stakeholders. During this time, the Ministry will assess the submitted documentation, comments of all stakeholders in the proceedings and decide whether it will be necessary for European Metals to prepare additional studies. Following European and Czech environmental legislation. The submission also includes an independent expert assessment of Natura 2000 (the European Union’s network of nature protection areas) which concluded that there is no negative impact on the surrounding bird area and other sites of natural importance. MEASURED RESOURCE DRILLING UPDATE Given the relative ease of beneficiation of the Cinovec deposit through wet magnetic separation the Company decided that it was important to report the drill results and the “in lab” beneficiation results. As reported to the market 21 October 2016 (Outstanding Lithium Recoveries at Coarse Grind) wet magnetic separation (“WMS”) achieved a near pure lithium mica concentrate grading 2.85% Li2O with a lithium recovery of 92%. Results: Resource drill holes CIS-24, CIS-25, CIS-26, CIS-28, CIS-29 and CIS-30 have been completed including analytical reports.Resource drill holes CIS-15, CIS-16, CIS-17, CIS-27and CIS-32 have been drilled with analytical results pending.Drilling of resource hole CIS-33 is currently underway.Hole CIS-24 returned 66.5m averaging 0.56% Li2O, incl. 6.7m @ 0.93% Li2O, and 20m @ 0.13% Sn.Hole CIS-25 returned 88.2m averaging 0.60% Li2O and 0.17% Sn, incl. 21.4m @ 0.73% Li2O and 0.46% Sn.Hole CIS-26 returned 84.6m averaging 0.49% Li2O and 0.09% Sn.Hole CIS-28 returned 86.3m averaging 0.51% Li2O, incl. 5.25m @ 0.97% Li2O.Hole CIS-29 returned 70.8m averaging 0.52% Li2O, incl. 3.1m @ 0.99% Li2O, and 2m @ 0.99% Li2O.Hole CIS-30 returned 66.2m averaging 0.49% Li2O and 0.13% Sn, incl. 3.5m @ 1.31% Li2O, 0.42% Sn and 0.155% W, 1m @ 2.3% Li2O, 0.59% Sn and 0.327% W, and 4.45m @ 0.85% Sn. The current drill programme will define blocks of resource for the first 5 years of mining within the Cinovec-South area, with a goal to convert the resource from indicated to measured category. The holes have been terminated in ore consistent with the aim of targeting the first 5 years of resource blocks for the mine. WEBSITE A copy of this announcement is available from the Company’s website at www.europeanmet.com. ENQUIRIES: European Metals Holdings LimitedKeith Coughlan, Executive ChairmanTel: +61 (0) 419 996 333Email: email@example.com
12 May, 2021
Lithium Explorer EMH Believes Cinovec to Have Low Carbon Footprint Compared to Peers and to Adopt Gold Standard of ESG Reporting
European Metals Executive Chairman Keith Coughlan believes that the Project’s CO2 footprint will be very low when compared with other hard rock lithium projects. “The proximity to end users resulting in low transport CO2, the fully integrated nature of the Project and anticipated lower CO2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers. We are quietly confident and look forward to releasing the results of our Carbon Footprint assessment.” PERTH, Australia, May 12, 2021 (GLOBE NEWSWIRE) -- European Metals Holdings Limited (ASX & AIM: EMH, NASDAQ: ERPNF) (“EMH”, “European Metals” or the “Company”) is pleased to announce that the Company has adopted a set of Environmental, Social and Governance (ESG) metrics and disclosures following the recommendations released by the World Economic Forum (WEF) in Geneva, Switzerland¹ which are acknowledged as the gold standard for ESG reporting. HIGHLIGHTS Establishment of an ESG Committee at Board level, to be chaired by Ambassador Lincoln Bloomfield who has considerable private sector experience centered on sustainability, resilience and renewable energy.Engagement of Socialsuite ESG technology platform - a global leader in ESG impact management systems and sustainability reportingInitiation of ESG reporting, monitoring and improvement for European Metals utilising SocialsuiteEMH’s ESG transparency commitment is a precursor to an independent lithium production Life Cycle Assessment2 (LCA) which includes a full Carbon Footprint assessment. ADOPTING AN ESG FRAMEWORK Environmental, Social, Governance (ESG) and impact investing have become key criteria for both investors and fund managers, leading a new path to how companies are being assessed. In 2020, 33% of the US$51.4 trillion in total US assets under professional management used ESG investment criteria, with demand for ESG compliance continuing to rise sharply3 with total Global sustainable investment now topping $30 trillion—up 68 percent since 2014 and tenfold since 2004.4 ESG reporting offers a way for customers, investors and society to hold companies to account, to make sure that the issues people care about (social justice, equality, diversity, environment, etc.) are reflected and appropriately addressed by the companies we choose to do business with and invest in. All this has been achieved while delivering outsized financial returns to investors, meaning a win-win for every stakeholder. Measurement of ESG metrics offers a tool and roadmap for investors and society to hold companies to account, to make sure that the issues we care about throughout society, including climate change, social justice, equality, diversity and environmental protection to name a few, are reflected and appropriately addressed by the company in focus. European Metals Executive Chairman Keith Coughlan commented, “ESG principles are increasingly important in the overall assessment of companies and their projects. I am proud to be part of the introduction of ESG reporting for European Metals. We are proud to utilize the acknowledged private sector experience centered on sustainability, resilience and renewable energy of Ambassador Bloomfield to spearhead our efforts in this regard. "Although we are formally adopting these principles now, we have been developing the Cinovec Project to the very highest level of ESG standards since the beginning. I believe that this is evident in our current assessment and will become more so as the Cinovec Project develops further. "In particular, I believe that the Project’s CO2 footprint will be very low when compared with other hard rock lithium projects. Our proximity to end users, the fully integrated nature of the Project and anticipated lower CO2 emissions from mining and processing strongly suggest that lithium from Cinovec will have a low carbon footprint compared to its peers. "We will engage in a formal Life Cycle Assessment including a Carbon Assessment study utilising globally recognised independent consultants during 2021. "I look forward to the progressive reporting of our ESG status with regular updates in the future.” EMH BASELINE ESG DASHBOARD The Company has deployed Socialsuite’s ESG technology platform to set its initial ESG baseline in its first quarterly ESG dashboard. With a tailored action plan, the Company will focus on delivering and reporting ongoing progress toward disclosing and improving ESG metrics and indicators (see below). Socialsuite’s ESG reporting technology provides an easy way for investors and other stakeholders to assess the commitment and progress of the Company on its journey to create “best in class” ESG credentials and outcomes. The Company’s ESG baseline dashboard report available for public viewing here:https://esg.socialsuitehq.com/social-suite-dashboard/1615602452145x194492351498682370?report=1615602481493x225365516719143520 ABOUT SOCIALSUITE Socialsuite is a fast-growing global company based in Melbourne, Australia. It has clients across Asia Pacific, the Americas and Europe. They include financial institutions, large companies, government agencies, philanthropic foundations, not-for-profits and NGOs that want to monitor and fully understand how they impact people and the environment. As a global leader in impact management systems, Socialsuite delivers an efficient and rigorous measurement and monitoring service that is simple to use, infinitely adjustable and tailored to European Metals’ requirements. Its automated data-collection, analysis and reporting tools provide accurate and timely insights to allow European Metals to monitor and understand the impact of the Company’s initiatives. Socialsuite’s impact monitoring technology provides structured ESG data collection, ongoing ESG reports that can be directly inserted into quarterly reports, benchmarking across other similar companies’ ESG journeys and expanding ESG reporting depth/complexity as the company grows over time. The information referred to in this announcement relates to the following sources: ¹ World Economic Forum, White Paper: Measuring Stakeholder Capitalism: Towards Common Metrics and Consistent Reporting of Sustainable Value Creation [22 September 2020] ² Life Cycle Assessment is defined by and assessed under ISO 14040:2006 ‘’Principles and frameworks of LCA’’; and ISO 14044:2016 ‘’Requirements and guidelines for LCA standards’’ 3 Socialsuite Early Adopters Report January 2021 ⁴ Global Sustainable Investment Review 2018, Global Sustainable Investment Alliance, 2018, gsi-alliance.org ENQUIRIES: European Metals Holdings Limited Keith Coughlan, Executive ChairmanTel: +61 (0) 419 996 333Email: firstname.lastname@example.org www.europeanmet.com https://www.nasdaq.com/market-activity/stocks/erpnf
15 Dec, 2020
European Metals Holdings Limited (ASX & AIM: EMH) ("European Metals" or the "Company") is pleased to announce the commencement of trading on the NASDAQ International Program which is run by the Nasdaq International Securities Exchange (ISE) on 15 December 2020, following dramatically increased US-based interest in its Cinovec project, the largest hard rock lithium resource in Europe.
02 Oct, 2020
Keith Coughlan became the CEO of European Metals Holdings Limited (ASX:EMH) in 2013, and we think it's a good time to...