📋 About: European Metals Holdings Ltd is an Australian and UK listed minerals exploration and development company advancing the Cinovec Lithium Project in Czech Republic. EMH Is is developing the largest hard rock lithium resource in the European Union.
🌏 Macro Theme: The EU is rapidly switching from petrol transport to Electric Vehicles (EVs), as part of the “European Green Deal” which should make Europe carbon neutral by 2050. €750BN has been allocated to generous EV subsidies, alongside penalties for CO2 emissions. This transition in energy consumption and use has become a key driver of the need for a local source of lithium, especially as the EU currently has no local supply and requires imports from China and South America.