In this episode, Howard and Rodney sit down with Keith Coughlan, Managing Director of European Metals Holdings (EMH), for a detailed discussion following a major development in Europe's lithium sector. The Czech Republic has approved up to €360M in grant funding for the Cinovec lithium project, Europe's largest hard-rock lithium resource. This funding follows the earlier $36M Just Transition Fund grant and reinforces Cinovec's designation as a strategic project under both the Czech government and the EU's Critical Raw Materials Act (CRMA).

Chapters

(00:00 ) Intro

(03:11 ) EMH Market Context

(08:39 ) Cinovec Overview

(11:19 ) Permitting & EIA Timeline

(12:44 ) DFS & Project Funding

(13:29 ) €360M Grant Breakdown

(15:16 ) Determining Final Grant Amount

(16:30 ) Project Comparisons

(18:24 ) Offtake & OEM Interest

(21:32 ) Funding Options

(23:27 ) Valuation & Ownership

(26:56 ) Potential Partners

(29:44 ) Market Perspective

(31:16 ) Project Execution & Staffing

(35:21 ) Utilities & Energy Storage Demand

(36:24 ) Closing Remarks

With geopolitical urgency surrounding critical minerals supply, the EU is preparing to unveil its new Resource EU plan, aimed at strengthening regional access to lithium and other essential raw materials. Europe's reliance on Asian supply chains, China's recent export controls, and accelerating U.S.–EU competition for strategic projects all form the backdrop for this conversation.

Keith provides updates on:

- The scope and significance of the €360M grant

- Progress toward the Definitive Feasibility Study (DFS)

- Recent advances in permitting, including preliminary mining permits across the full ore reserve

- The timing and process for the Environmental Impact Assessment (EIA)

- Project funding pathways involving the EIB, EU critical minerals financing, export credit agencies, and potential offtake partners

- Comparisons to peer projects such as Thacker Pass, Vulcan, Standard Lithium, and others

- The role of EMH's 51% partner ČEZ, one of Europe's largest utilities

We also explore market sentiment around EMH, valuation gaps across the lithium sector, and the broader implications of utility involvement, energy storage demand, and Europe's evolving industrial policy.

Sponsors

- Lithium Royalty Corp (TSX: LIRC) - diversified lithium royalty portfolio.

(Website: https://www.lithiumroyaltycorp.com/ | X: https://x.com/Lithium_Royalty)

- USCF Investments - commodity-focused ETFs (e.g., CPER copper, ZSB battery metals, USG gold, SDCI diversified commodities).

(Website: https://www.uscfinvestments.com/ | X: https://x.com/USCFInvestments)

Links

- Read Matt's research blog: https://blog.rkequity.com/

- Sign up for the Lithium-Ion Bull newsletter/Matt's Blogs: https://rkequity.com/

Have a question? Drop us an email: rockstockchannel@rkequity.com

Patreon: https://www.patreon.com/rockstockchannel

Podcast:

  Apple Podcast: https://podcasts.apple.com/us/podcast/lithium-ion-rocks/id1457969172

  Spotify: https://open.spotify.com/show/0KiMIZOPaDg8ENfPJMSINq

X (Twitter):

  Howard: https://x.com/LithiumIonBull

  Rodney: https://x.com/RodneyHooper13

  Matt: https://x.com/matt_fernley

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DISCLAIMER

 

NOT INVESTMENT ADVICE. DO YOUR OWN RESEARCH

Howard, Matt and Rodney are not financial advisors nor broker-dealers, this video is for information purposes only and should not be considered investment or financial advice. Please do your own independent research and read the disclaimer at the end of the video or on RK Equity's website https://www.rkequity.com

Intro and outro audio credit: Jamie Klein