"Couple amazed to discover there*s a £5 BILLION LITHIUM deposit worth under their home they own..but it turns out they wont earn a penny from it."-The Sun, 3 Jan 2018
Quote:
"Since the DISCOVERY the small town of ZINNWALD, a borough of Altenberg, has been OVERRUN with prospectors and geologists taking samples. The 96,000 tonnes of lithium was found on Dec 1, 1150 ft below the City*s surface, will now be MINED by BACANORA MINERALS Ltd."
<>Google: "CINOVEC - ZINNWALD, Two countries, One Region- Ore Mountains."
Google also Cinovec and one can see how CLOSE it is from Cinovec, Czech Republic [EMH] to Zinnwald.
Comment:
So with the German side [Zinnwald] going to mine lithium from the same type of geology as Cinovec, is it possible that the Czech lithium deposit will not be also mined?
<><>"GERMAN ECONOMIC MINISTER DELIVERS WARNING ON ELECTRIC CARS."- Powerengineeringint.com 16 Apr 2018
"Interview with Bild: Industry must invest heavily in EV Technology and DEVELOP BATTERY PRODUCTION facility IN E U R O P E to keep up with global competitors. Otherwise, we*ll have to accept that a large part of value will be produced in ASIA or the UNITED STATES instead of here WITH US, he said."
www.powerengineeringint.com/article/2018/04/german-economy-minister-delivers-warning-on-electric-cars.html
Comment: So the German Economic Minister mentions EUROPE, not just Germany.
<><>" 5 Companies Taking The Lithium Industry by Story." 5 Apr 2018 Cision PR
https://www.prnewswire.com/news-releases-/5-companies-taking-the-industry-by-storm-678856683.html
"While lithium plays a huge role in storing renewable energy, its also highly sought after in the auto-industry and the tech sector, with MEGA CORPORATIONS rushing to secure supplies. According to Bloomberg New Energy Finance, DEMAND for LITHIUM is expected to RISE 38 FOLD by 2030, a TRULY UNPRECENDENTED surge."
"Rio Tinto is getting SERIOUS about lithium too...."
Comment: Lithium is current.
Cinovec, EMH is in Czech Republic >>>>EU
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