European Lithium has successfully completed a Pre−Feasibility Study (PFS) for the Wolfsberg Project

European Lithium has successfully completed a Pre−Feasibility Study (PFS) for the Wolfsberg Project, which demonstrated robust economics and outlined a low−cost, long−life lithium mining operation. The company is now working on completing a Definitive Feasibility Study (DFS), with plans to move toward construction and production once the study is finalized. Battery−Grade Lithium Production Wolfsberg is set to become a key supplier of battery−grade lithium hydroxide, which is critical for the produc- tion of lithium−ion batteries used in electric vehicles and energy storage systems. European Lithium plans to establish a processing plant to convert spodumene concentrate into battery−grade lithium hydroxide, providing an essential component for Europe’s growing battery manufacturing industry