European Lithium (ASX:EUR)

Quarterly Activities Report and Appendix 5B

The Board of European Lithium Limited (ASX: EUR, FRA: PF8, OTC: EULIF) (European Lithium or the Company) is pleased to present its activities report and Appendix 5B for the three months ending 30 June 2024.


SUMMARY OF KEY UPDATES

    • Critical Metals Corp. Form F-1 declared effective by the SEC
    • Critical Metals Corp receives funds of US$15million from BMW
    • Critical Metals Corp completes the acquisition of a 42% equity stake in the Tanbreez Project
    • CRML closing price on 29 July 2024 was $US10.15 per share reflecting a value for EUR shareholders of US$688,052,087 (A$1,032,078,131)
    • Preparation for exploration program at the Austrian Lithium Projects is ongoing, additional targets identified
    • EUR announces the acquisition of 100% of the issued capital of LRH Resources, a fully owned subsidiary of Technology Metals plc, a UK based company, which is the 100% holder of the Leinster Lithium Project located in Ireland for CRML share consideration.
    • E47/4144 located in the northwest of Western Australia continues to progress through the WA Mining Act regulatory application process.

    EXPLORATION AND DEVELOPMENT ACTIVITIES

    Critical Metals Corp

    Austria

    On 1 March 2024, the Company announced the completion of the business combination agreement with Sizzle Acquisition Corp., a US special purpose acquisition company listed on NASDAQ (NASDAQ:SZZL) (Sizzle), pursuant to which EUR combined its wholly owned Wolfsberg Lithium Project (Wolfsberg Project) with Sizzle via a newly-formed, lithium exploration and development company named “Critical Metals Corp” (Critical Metals or CRML) which is listed on the NASDAQ (Transaction). Critical Metals commenced trading on the NASDAQ on 28 February 2024. On 23 May 2024, the Company announced that the registration statement on Form F-1 of Critical Metals was declared effective by the United States Securities and Exchange Commission (SEC) on 22 May 2024.

    Click here for the full ASX Release

    This article includes content from European Lithium, licensed for the purpose of publishing on Investing News Australia. This article does not constitute financial product advice. It is your responsibility to perform proper due diligence before acting upon any information provided here. Please refer to our full disclaimer here.

    EUR:AU
    European Lithium

    European Lithium Investor Kit

    • Corporate info
    • Insights
    • Growth strategies
    • Upcoming projects

    GET YOUR FREE INVESTOR KIT

    The Conversation (0)
    European Lithium

    European Lithium


    Keep reading...Show less

    Developing the Advanced Wolfsberg Lithium Deposit in Austria

    Environmental Milestone Reached on the Wolfsberg Project

    Environmental Milestone Reached on the Wolfsberg Project

    European Lithium (EUR:AU) has announced Environmental Milestone Reached on the Wolfsberg Project

    Download the PDF here.

    EUR Completes Acquisition Leinster Lithium Project Ireland

    EUR Completes Acquisition Leinster Lithium Project Ireland

    European Lithium (EUR:AU) has announced EUR Completes Acquisition Leinster Lithium Project Ireland

    Download the PDF here.

    Lithium periodic symbol and Canadian flag.

    Top 5 Canadian Lithium Stocks of 2025

    The lithium market continued to battle headwinds during the first quarter of 2025 as residual oversupply weighed on prices, pushing them to a four year low.

    Weaker-than-expected demand to start the year also added pressure to the oversupplied market, resulting in the lithium carbonate CIF North Asia price to fall below US$9,550 per metric ton, its lowest point since 2021.

    Analysts have suggested the persistent downturn is the signaling of a market bottom. This theory is further supported by a projected production reduction that will help absorb market oversupply.

    Keep reading...Show less
    Green blocks with leaves on them push purple blocks with "CO2" written on them.

    Funding the Energy Transition: The Role of Public and Private Finance in Building Supply Chains

    The energy transition demands substantial funding as participants look to build out infrastructure and supply chains, but experts say new solutions are emerging to help navigate this landscape.

    During the "Financing the Energy Transition" panel at the Benchmark Summit, participants discussed the role of government and public sector investment, as well as the outlook for Canada's electric vehicle (EV) supply chain.

    Moderated by Adam Webb, head of battery raw materials at Benchmark Mineral Intelligence, the discussion at the Toronto-based event opened with a snapshot of Canada’s EV battery supply chain buildout.

    Keep reading...Show less
    International Lithium Chairman and CEO John Wisbey.

    International Lithium Plans PEA on Rubidium Resource at Raleigh Lake Project, CEO Says

    John Wisbey, CEO of International Lithium (TSXV:ILC), discusses the company's strategic sale of its Irish lithium property, progress on the Raleigh Lake lithium-rubidium project in Canada and expansion efforts in Zimbabwe.

    Lithium Universe

    Lithium Universe


    Keep reading...Show less
    Lithium periodic symbol and powder overlayed with world map.

    Top 4 Largest Lithium Reserves by Country

    Those interested in the lithium sector and investing in lithium stocks are often curious about which countries are the top producers of the battery metal, but they may not stop to consider the top lithium reserves by country.

    Major lithium-producing countries are, of course, home to a large number of lithium companies. Many of the world’s top lithium producers also hold significant reserves, and their reserves can give an idea of how much room those countries have to grow. At the same time, nations with high reserves may become more significant lithium players in the future.

    Looking forward, lithium demand is expected to continue increasing. That’s because, together with metals such as cobalt, lithium is a key raw material in the lithium-ion batteries used to power electric vehicles, and it is also essential for the energy storage sector.

    Keep reading...Show less
    European Lithium

    European Lithium Investor Kit

    • Corporate info
    • Insights
    • Growth strategies
    • Upcoming projects

    GET YOUR FREE INVESTOR KIT

    Latest Press Releases

    Related News

    ×