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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

Top 10 Shareholders

Source: Morningstar

Total Shareholder Return as at 31/05/19

1 year TSR5 year TSR
254thEuropean Metals3%25%
386thKorab Resources-15%-0%
519thGWR Group-37%-6%
575thDuketon Mining-44%
831stRiedel Resources-86%-1%
728 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

18/12/18
$0 Issued
20/12/17
$606k Issued
14/12/17
$145k Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

137th↑European Metals$646k
154th↓Riedel Resources$430k
155th↓GWR Group$430k
157th↑Duketon Mining$425k
158th↑Korab Resources$424k
484 listed resources companies ranked by revenue.
Source: Morningstar

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