Demand for lithium is projected to shoot up due to growing usage of battery storage.

European Metals cuts lithium mine cost

The capital cost of ASX-listed European Metals’ potential lithium mine and processing plant in the Czech Republic has come down by around $US85 million, to $US169 million, the company revealed today.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/06/18

1 year TSR5 year TSR
170thProspect Resources75%48%
466thSun Resources0%-77%
737thMustang Resources-50%-52%
793rdEuropean Metals-67%19%
722 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$606k Issued
$145k Issued
$616k Issued
Total value as at the date of the transaction
Source: Morningstar


201st↑European Metals$174k
240th-Mustang Resources$94k
242nd↓Sun Resources$91k
244th↑Prospect Resources$91k
507 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from European Metals

267thKeith Coughlan$425k
618thDavid Reeves$199k
1456thKiran Morzaria$13k
Ranked by total remuneration from all listed WA companies

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