EMH RNS10 Feb 2026 07:02
European Metals Holdings Limited (ASX and AIM: EMH, OTCQX: EMHXY/EMHLF) ("European Metals" or the "Company") is pleased to announce that Geomet s.r.o. has been informed it has received Regional Rezoning approval for the Company's flagship Cinovec Lithium Project ("Cinovec" or "Project").
The Ústí nad Labem Regional Assembly voted to support the rezoning application submitted by the Czech Ministry of Industry and Trade.
The rezoning defines the Project's areas and corridors for lithium mining and processing, including corridors for necessary utility supply developments including water, electricity and gas at all of the Project's sites. It also defines the area for the storage and processing of materials from mining activities and the treatment of lithium concentrate at the Prunéřov Processing Plant site, and the planned tailings management facilities in the Doly Nastup Tušimice ("DNT") mining area.
The rezoning application for the Project commenced in March 2022 and has undergone extensive public consultation including two public hearings and a number of written submissions.
Executive Chairman, Keith Coughlan, said:
"I am delighted with the decision of the Ústí nad Labem Regional Assembly. The application has been supported by a number of Czech Government agencies including the Ministry of Industry and Trade, and the Ministry of Environment.
With the rezoning, the excellent Definitive Feasibility Study ("DFS") which was recently released and the benefits from considerable financial support with the recent EU and Czech government grants, the cornerstones are now in place for the rapid advancement of the Cinovec Project towards Final Investment Decision and ultimately, production.
The Project continues to receive strong support at local, regional, national and European levels and comes at a time of renewed positive outlook for lithium and building momentum for the Cinovec Project in the Czech Republic."