RCS - Zinnwald Lithium PLC - German Chancellor Says Lithium Mining a Priority

Zinnwald LithiumAnnouncement

02/09/2024 09:00

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RNS Number : 5008C  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
(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
(https://investors.zinnwaldlithium.com/auth/signup)

 

For further information visit www.zinnwaldlithium.com
(http://www.zinnwaldlithium.com/)  or contact:

 

 Anton du Plessis       Zinnwald Lithium plc  info@zinnwaldlithium.com (mailto:info@zinnwaldlithium.com)

 Cherif Rifaat
 David Hart             Allenby Capital       +44 (0) 20 3328 5656

 Dan Dearden-Williams   (Nominated Adviser)
 Michael Seabrook       Oberon Capital Ltd    +44 (0) 20 3179 5300

 Adam Pollock           (Joint Broker)
 Richard Greenfield     Tamesis Partner LLP   +44 (0) 20 3882 2868

 Charles Bendon         (Joint Broker)
 Isabel de Salis        St Brides Partners    zinnwald@stbridespartners.co.uk (mailto:zinnwald@stbridespartners.co.uk)

 Paul Dulieu            (Financial PR)

 

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.

 

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