REG - Zinnwald Lithium PLC - AGM Statement

Zinnwald LithiumAnnouncement

25/06/2025 07:00

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RNS Number : 2369O  Zinnwald Lithium PLC  25 June 2025

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

25 June 2025

 

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

 

AGM Statement

 

Zinnwald Lithium plc, the European focused lithium company developing the
integrated Zinnwald Lithium Project (the 'Project') in Germany, is holding its
Annual General Meeting ("AGM") today.  In his address to shareholders, CEO,
Anton du Plessis, will deliver the following statement:

 

"We continue to make good progress at our integrated lithium hydroxide
("LiOH") project in Saxony, which we believe ranks among Europe's most
strategically significant lithium assets. The Pre-Feasibility Study ("PFS")
published in March 2025 reinforced this view, demonstrating the potential for
our LiOH production plans to support the electrification of over one million
electric vehicles annually. The study also outlined a compelling post-tax NPV
of €2.2 billion, an IRR approaching 20%, and projected cumulative cash flows
of €12.1 billion over a mine life of more than 40 years.

 

"That said, broader market conditions remain challenging. Although the lithium
market is expected to enter a supply deficit towards the end of the decade,
current investor sentiment across the sector is subdued. In this context, we
were pleased to successfully complete our recent c.£3.4 million fundraise,
which received strong support from our core shareholders including AMG Lithium
and new investors. This endorsement reflects confidence in the long-term
potential of our Project, which is expected to come into production as the
lithium deficit emerges.

 

"Given the current market backdrop, our relationship with the Saxon State
Government is more important than ever. We are therefore especially grateful
for its recent designation of the Project as one of 'outstanding importance' -
a recognition that highlights its economic and strategic value to the region
and to Europe's energy transition. Combined with our deep-rooted regional
partnerships, this provides a solid foundation as we focus on optimising our
plans, building strategic alliances, and progressing development.

 

"Community engagement remains central to our strategy, ensuring local
stakeholders play a meaningful role in shaping what we aim to be one of the
world's most sustainable lithium projects. In line with this, our underground
mine design minimises surface impact, while our low-energy, low-waste process
reinforces our commitment to responsible development. Notably, although future
production could exceed 35,000 tonnes annually ('tpa'), operations will remain
within the 18,000 tpa Phase 1 footprint. Furthermore, a 9km underground tunnel
linking the mine to the processing plant will eliminate the need for surface
transport, significantly reducing noise, traffic, and environmental
disruption.

 

"On behalf of the Board, I would like to thank our shareholders, employees,
and local communities for their continued support at this pivotal stage in
Zinnwald Lithium's journey."

 

Note: A recorded presentation of the Company's latest corporate update,
delivered by CEO Anton du Plessis, is now available on Zinnwald Lithium's
dedicated investor hub: https://investors.zinnwaldlithium.com/
(https://investors.zinnwaldlithium.com/) .

 

*ENDS*

 

For more information on Zinnwald Lithium, please visit www.zinnwaldlithium.com
(https://www.zinnwaldlithium.com) , join its investor community at
investors.zinnwaldlithium.com/auth/signup
(https://investors.zinnwaldlithium.com/auth/signup) , or submit questions to
its management team via investors.zinnwaldlithium.com/s/92fa2f
(https://investors.zinnwaldlithium.com/s/92fa2f) .

 

https://investors.zinnwaldlithium.com/activity-updates/2025-AGM-Zinnwald-Corporate-Update
(https://investors.zinnwaldlithium.com/activity-updates/2025-AGM-Zinnwald-Corporate-Update)
.

 

 Anton du Plessis       Zinnwald Lithium plc                         info@zinnwaldlithium.com

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

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

 Adam Pollock           (Joint Broker to the Placing)

 Jessica Cave
 Richard Greenfield     Tamesis Partner LLP                          +44 (0) 20 3882 2868

 Charles Bendon         (Joint Broker to the Placing)
 Isabel de Salis        St Brides Partners Ltd                       info@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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