Czech Minister Says Government-Controlled Energy Company CEZ Is Keen To Build Lithium Battery Factory Near European Metals’ Cinovec Project

The Czech minister of industry and trade, Karel Havlíček, has stated that energy company CEZ, is strongly considering building a lithium battery factory on the Czech border. It would be one of the largest investments of its kind in Central Europe.

CEZ is one of the top ten energy companies in Europe and is the largest electricity producer in the Czech Republic. The government is the largest shareholder in CEZ, with a 70 per cent stake.

The intention is to use lithium from the Cinovec district, where European Metals Holdings Ltd (LON:EMH) has established a sizeable resource.

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