German Chancellor Says Lithium Mining a Priority

Zinnwald Lithium PLC
02 September 2024
 

RNS Reach

Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

 

2 September 2024

 

Zinnwald Lithium plc ('Zinnwald Lithium' or the 'Company')

 

German Chancellor Declares Lithium Mining a Priority

 

Meeting with the Minister of Economic Affairs in Saxony to discuss raw material security

 

Zinnwald Lithium plc, the European focused lithium company developing the integrated Zinnwald Lithium Project (the 'Project') in Germany, is pleased to note that on Friday 30 August 2024, Germany's Chancellor, Olaf Scholz, visited the Saxon Mining Authority ('SOBA') in Freiberg to discuss the future raw material security in Germany with the Saxon Minister of Economics, Martin Dulig.

 

Representatives of Zinnwald Lithium GmbH, a wholly owned subsidiary of Zinnwald Lithium, also attended the meeting at which the potential role of Zinnwald Lithium's Project near Altenberg was discussed. The Company has applied for the Project to be recognised and implemented as a strategic project in accordance with the European Union's Critical Raw Materials Act ('CRMA').

 

During his visit, Chancellor Scholz emphasised the importance of a Europe-wide approach: "We need all of Europe ready to take on projects like this. It's not just a challenge for us; there are critical raw materials across Europe that we can mine and urgently need."

 

A press release issued by the Government of Saxony regarding the Chancellor's visit can be found here: https://www.medienservice.sachsen.de/medien/news/1079172

 

*ENDS*

 

To engage with us directly via our investor hub, please sign up at

https://investors.zinnwaldlithium.com/auth/signup

 

For further information visiwww.zinnwaldlithium.com or contact:

 

Anton du Plessis

Cherif Rifaat

Zinnwald Lithium plc

info@zinnwaldlithium.com

David Hart

Dan Dearden-Williams

Allenby Capital

(Nominated Adviser)

+44 (0) 20 3328 5656

Michael Seabrook

Adam Pollock

Oberon Capital Ltd

(Joint Broker)

+44 (0) 20 3179 5300

Richard Greenfield

Charles Bendon

Tamesis Partner LLP

(Joint Broker)

+44 (0) 20 3882 2868

Isabel de Salis

Paul Dulieu

St Brides Partners

(Financial PR)

zinnwald@stbridespartners.co.uk

 

 

Notes

AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focused on becoming an important supplier of lithium hydroxide to Europe's fast-growing battery sector. The Company owns 100% of the Zinnwald Lithium Project in Germany, which has an approved mining licence, is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

 

About Reach announcements

This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.

 

This information is provided by Reach, the non-regulatory press release distribution service of RNS, part of the London Stock Exchange. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
UK 100

Latest directors dealings