The site has an inferred lithium resource of 5.5m tonnes lithium carbonate equivalent (LCE) - 514.8m tonnes at 0.43% lithium oxide (Li[subscript]2 O) (0.1% lithium cut off) - and an additional exploration target of 3.4m-5.3m tonnes LCE - 350-450m tonnes at 0.39-0.47% Li[subscript]2 O.
"We have a sample from [Cinovec] sitting in Perth, ready to be processed pending EMH's listing," Barry Woodhouse, Lithium Australia's CFO, told IM.
Dr Wolfgang Reiner, managing director of German raw materials consultancy, Geokompetenzzentrum Freiburg, said that further measures must be undertaken to address the deindustrialisation of the continent, while Dr Andreas Benkitsch, CFO of EIT Raw materials, spoke of his organisation's efforts to "bridge the valley of death" between innovative ideas and the marketplace.
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