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 28/02/18

1 year TSR5 year TSR
20thKing River Copper770%27%
333rdRedstone Resources18%-35%
520thHexagon Resources-13%11%
734thEuropean Metals-51%0%
762ndAcacia Coal-60%-13%
711 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
204th↑Acacia Coal$171k
205th↓King River Copper$170k
207th↑Hexagon Resources$167k
208th↑Redstone Resources$164k
503 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from European Metals

297thKeith Coughlan$425k
682ndDavid Reeves$199k
1582ndKiran Morzaria$13k
Ranked by total remuneration from all listed WA companies

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