European Lithium highlights robust Wolfsberg DFS and ‘game-changing’ Saudi JV

News Direct

Mar 13, 2023

–News Direct–

European Lithium Ltd (ASX:EUR, OTCQB:EULIF) chairman Tony Sage talks Proactive through the robust findings of a definitive feasibility study on its Wolfsberg Lithium Project in Austria – outlining an NPV of US$1.5 billion and IRR of 33.3%. Sage also welcomes a non-binding MoU with Saudi-based Obeikan Investment Group to build and operate a hydroxide plant under a joint venture.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/european-lithium-highlights-robust-wolfsberg-dfs-and-game-changing-saudi-jv-100188998

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