EMH28 Nov 2025 14:21
BIG RNS over there today
European Metals Holdings Limited (ASX and AIM: EMH, OTCQX: EMHXY/EMHLF) ("European Metals" or the "Company") is pleased to announce that, subject to completion of administrative processes, Geomet s.r.o. has been informed it has been awarded a grant of up to EUR 360 million (c.GBP 315 million) under the "Strategic Investments for a Climate-Neutral Economy" programme (the "Programme"), administered by the Ministry of Industry and Trade of the Czech Republic for the development of the Company's flagship Cinovec Lithium Project ("Cinovec" or "Project").
The Programme is designed to support significant investments in the production and expansion of equipment, key components, and critical raw materials essential for the transition to a climate-neutral economy. The Programme is aligned with the European Commission's Temporary Crisis and Transition Framework and aims to accelerate economic development and investment in strategic sectors.
Executive Chairman, Keith Coughlan, said:
"This is a transformational milestone for European Metals and the Cinovec Project. The Czech Government's award of a grant of up to EUR 360 million represents one of the largest direct project-level funding commitments to a critical raw materials project within the European Union