Cinovec Project Announces Major Boost in Lithium Production Plans

European Metals Holdings Limited has unveiled a substantial increase in the planned production of lithium chemicals from its Cinovec Project, underscoring its potential as a key player in the European Union's push for lithium self-sufficiency by 2030.

The revised plans show a 42% increase in the annual production of battery-grade lithium hydroxide monohydrate, now targeting 41,658 tonnes per annum (tpa), equivalent to 36,670 tpa of battery-grade lithium carbonate. The production rate of run-of-mine ore is also set to rise by 42%, from 2.25 million tonnes per annum (mtpa) to 3.20 mtpa. Importantly, this increase does not significantly affect the processing plant’s head grade, the Life of Mine, or plant recovery rates.

These adjustments are expected to generate significant economies of scale for the project, which will be detailed in the Definitive Feasibility Study (DFS) scheduled for completion by mid-2025. The enhanced production capacity reflects ongoing efforts to optimize the project’s economic viability during the extended DFS timeline.

As the largest hard rock lithium resource in Europe, the Cinovec Project is poised to support the EU’s ambitions to secure a sustainable supply of critical battery materials. With these production adjustments, the project is set to gain further recognition for its contribution to the energy transition and the growing demand for electric vehicles and renewable energy storage.