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.

Potential deal sees Ukraine into the mix for European Lithium Potential deal sees Ukraine into the mix for European Lithium Potential deal sees Ukraine into the mix for European Lithium Potential deal sees Ukraine into the mix for European Lithium Potential deal sees Ukraine into the mix for European Lithium

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.