21
Jul
16:41
EBRD invests in European Metals to help progress Czech lithium project
The European Bank for Reconstruction and Development (EBRD) will invest €6 million ($6.6m) in Australia-listed European Metals to support its Cinovec lithium project in the Czech Republic, Kallanish reports.
The exploration company said on Friday it will issue 12.31m shares to EBRD at a price of £0.423 ($0.54)/share or the equivalent of AUD 0.803/share, subject to regulatory approvals. The funds will be used to assist the project’s pre-developmen…
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Very good overview of the weekly steel market.
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