The Australian-based mining company European Metals Holdings is continuing with preparations for lithium mining in the Czech Republic, despite the fact that the Czech government does not consider the memorandum on the extraction and processing of lithium, signed with EMH last year, legally binding and wants a Czech state-run company to mine and process the deposits. The company Geomet, which is part of EMH, has begun preparations for a series of drills near Cínovec in order to ascertain the economic viability of the project.
The controversial issue of lithium mining in the Czech Republic is back in the headlines, after the Australian-based mining company European Metals Holdings said it had received permission from the Czech authorities to conduct 13 test drills at the site of the lithium deposits near Cínovec, in the north of the country. The firm Geomet, which has started work on the site in preparation of drilling said the aim was to produce a geological map of the resources which would help ascertain the economic viability of the project.
5th March 2019