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Lithium Mining on the Koralm: Delays and Legal Hurdles
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The intended merger of European Lithium with US stock exchange company is approaching. However, it will take years for ores to be recovered from the mountain in commercial quantities. However, a acceptance agreement with BMW has been concluded.
European Lithium, the Australian mining company that is aiming for lithium mining on Koralm, is unmistakeably promoting the project. However, it will take years until ores can be recovered from the mountain on commercial quantities. Regardless of this, the company has come quite close to a listing on the US stock exchange Nasdaq. A court in Australia gave the green light for an owner vote in October.
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