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11 Jan
14:23

European Lithium suggests Wolfsberg lithium project worth $1.5 billion

Australia-listed exploration company European Lithium (EUR) announced on Wednesday its Wolfsberg lithium project in Austria could be worth $1.5 billion, but was later ordered to retract the statement, Kallanish reports. The company disclosed the net present value (NPV) calculation in a security filing, citing an update to the definitive feasibility study (DFS) being carried out by DRA Global in Austria. The figure was based on Fastmarkets spot prices for lithium …
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