REG - Zinnwald Lithium PLC - Permit Granted for Exploration Tunnel

Zinnwald LithiumAnnouncement

Today 07:00

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20260427:nRSa9142Ba&default-theme=true

RNS Number : 9142B  Zinnwald Lithium PLC  27 April 2026

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

27 April 2026

Zinnwald Lithium plc

('Zinnwald Lithium' or the 'Company')

 

Permit Granted for Exploration Tunnel

 

Zinnwald Lithium plc, the European focused lithium company developing the
advanced Zinnwald Lithium Project (the 'Project') in Germany, is pleased to
announce that its 100%-owned subsidiary, Zinnwald Lithium GmbH, has been
granted a permit to construct an exploration tunnel to access the Zinnwald ore
body that underpins the Zinnwald Lithium Project.

 

OVERVIEW

·    Important step in the ongoing de-risking of the Project, enabling the
collection of valuable data to inform future design and development planning

·    Enables extraction of significant, representative, bulk sample for
use in detailed process engineering design and product qualification

·    A portion of the exploration tunnel alignment may be utilised as mine
access, subject to future approvals

 

Anton du Plessis commented: "Obtaining the permit to construct the exploration
tunnel, following a comprehensive submission process, is an important step in
the ongoing de-risking of the Zinnwald Lithium Project, enabling the
collection of important data to support future design and development
planning. This permit enables the first new access development to the Zinnwald
ore body and underlines that the Project meets the technical and regulatory
requirements to successfully obtain the necessary permits from the Saxon
Mining Authority ('SOBA')."

 

DETAILS

The Zinnwald Lithium Project is a significant, integrated lithium development
located in Saxony, Germany, which is being progressed with the aim of
producing battery-grade lithium hydroxide ('LiOH') to support Europe's growing
demand for critical raw materials. The Project hosts one of the largest
hard-rock lithium resources in Europe, underpinned by a published Mineral
Resource Estimate of 193.5Mt (Measured and Indicated) and a Proven and
Probable Reserve of 128.1Mt, supporting long-term production potential.

 

As outlined in the Company's Pre-Feasibility Study ('PFS') (see RNS dated 31
March 2025), the development concept includes an exploration decline of
approximately 1km intended to provide direct underground access to the ore
body, for which a construction permit has now been granted by SOBA. This
tunnel starts from a portal located at the brownfield site of the former
Zinnwald Border Station, adjacent to the federal highway B170 between the
villages of Zinnwald and Altenberg. The Border Station site has been largely
unused since the Czech Republic acceded to the Schengen area in 2007.

 

The exploration tunnel is expected to improve the Company's geotechnical,
seismic and hydrogeological knowledge of the ore body, provide practical
insights into mining conditions, and help to plan the ultimate mining
operations.  It will also facilitate the extraction of a significant
representative bulk sample of up to 2,000 tons for further large scale
metallurgical testwork and sample generation post a final investment decision
to support detailed design activities and product qualifications.

 

The information obtained from the exploration tunnel is expected to support
future permitting and design activities, and as outlined in the PFS, the
decline may be incorporated into the permanent mine infrastructure, subject to
development approval.

 

The exploration tunnel permit, valid until 31 December 2027 with the potential
to be extended, does not provide the right to mine the deposit. Mine
production from the deposit will be subject to receiving the appropriate
permits, including completion of an environmental impact assessment ('EIA')
and a public consultation process.

 

*ENDS*

 

For further information visit the Zinnwald website www.zinnwaldlithium.com
(http://www.zinnwaldlithium.com/) or sign up to our investor community to
connect directly with the management team
investors.zinnwaldlithium.com/auth/signup
(https://investors.zinnwaldlithium.com/auth/signup) .

 

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

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

Liz Kirchner

 Michael Seabrook  Oberon Capital                             +44 (0) 20 3179 5300

 Adam Pollock      Broker
 Isabel de Salis   St Brides Partners Ltd                     zinnwald@stbridespartners.co.uk

 Paul Dulieu       Financial PR

 

Notes

Zinnwald Lithium plc (AIM: ZNWD) is an AIM-quoted company advancing one of
Europe's largest integrated lithium projects, focused on supplying
battery-grade lithium hydroxide (LiOH) to Europe's fast-growing electric
vehicle and energy storage markets. The Company owns 100% of the Zinnwald
Lithium Project in Saxony, Germany, strategically located at the centre of
Europe's battery, automotive and chemical corridor.

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://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 (https://www.lseg.com/privacy-and-cookie-policy)
.   END  MSCPPUQGCUPQGMC



            Copyright 2019 Regulatory News Service, all rights reserved