European Metals Holding announced the appointment of Neil Meadows as its chief operating officer on Wednesday.
European Metals Holdings attempted to alleviate shareholder concern after its shares fell over 20% on Friday following an announcement from the Czech government.
European Metals, the Australian and UK-listed mineral exploration and development company reported Wednesday it had raised £2,281,000 to advance the on-going definitive feasibility on the Cinovec deposit, Europe's largest lithium resource, and for general working capital.
Lithium demand is set to soar further as China's plan to ban new petrol-powered vehicles has led to increased forecasts for alternatively fuelled vehicles in coming years.
A preliminary feasibility study from Czech lithium explorer European Metals Holdings disappointed investors on Wednesday.
Specialty lithium exploration and development company with assets in the Czech Republic, European Metals Holdings, released its interim unaudited financial report for the half year ended 31 December on Thursday, with its loss before tax widening to $3.16m from $1.31m.
Miner European Metals found that there is a "substantial" increase in indicated resource at its lithium and tin project in the Czech Republic, following a seven month drilling programme.
European Metals Holdings announced analytical results for the final three drill holes completed under the recently-completed drilling programme at the Cinovec Main sector on Friday.
European Metals Holdings announce analytical results for two drill holes from the recently-completed drilling in the Cinovec Main sector on Friday.
Mineral exploration and development company European Metals Holdings announced on Monday that its planned core drillhole programme was completed on time and budget, without time loss incidents.
European Metals Holdings announced the successful manufacture of more than 99.5% pure lithium carbonate using an industry proven, sodium sulphate roast-based flow-sheet from mica-concentrate from the Cinovec Project on Tuesday.
European Metals Holdings announced on Tuesday that it was granted a new exploration licence at Cinovec III.
European Metals Holdings announced the completion of the concentration testwork for lithium as part of its ongoing pre-feasibility study.
Rare Earth Minerals reported on Thursday that European Metals Holdings, in which it owns a 16.4% shareholding, has appointed Ausenco Services as the lead engineer to the pre-feasibility study of the Cinovec Lithium/Tim Project in the Czech Republic.
European Metals Holdings is pleased with results from the PSn13 drill hole, which returned a main mineralised intercept of 167.1m averaging 0.36% lithium oxide.
Shares in mining minnow European Metals Holdings shot up 43% to their highest point since their London flotation as interest in the lithium sector intensified due in part to excitement around the launch of new electric cars and subsequent demand for lithium-ion batteries.
European Metals Holdings took a major step in the development of its Cinovec Lithium Project in the Czech Republic on Thursday, appointing Dorfner Anzaplan to conduct the next level of advanced test work following positive results from recent independent studies.
European Metals reported some stong analytical results from its recent drilling at the Cinovec Lithium-Tin-Tungsten project north west of Prague, Czech Republic on Thursday, for the two remaining drillholes drilled in 2015.