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Potential deal sees Ukraine into the mix for European Lithium

EUROPEAN Lithium is looking at adding lithium projects in Ukraine into its portfolio via a scrip deal to acquire a company called Petro Consulting that would double its issued capital and includes a A$20 million placement to the vendor, Millstone.

Michael Quinn
Wolfsberg, Austria

Wolfsberg, Austria

The two Ukrainian projects are Shevchenkivske and Dobra, the former which an exploration target of 11-14 million tonnes grading 1.2-1.3% lithium oxide, and the latter 80-105Mt at 1.1-1.4% Li2O. Neither...

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