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Austrialian Mining Company Plans to Exploit Lithium in Austrian Alps

Published: June 9, 2012; 16:23 · (Vindobona)

Global Strategic Metals NL plans a site with an investment volume of € 125m in Austria. For Austria, the lithium deposits would be a „highly strategic asset“.

Austrialian Mining Company Plans to Exploit Lithium in Austrian Alps / Picture: © Flickr

The Austrian Global Strategic Metals NL (formerly known as East Coast Minerals NL) pushes for exploitation licenses in Austria. In the Carinthian Alps, about 18 million tons of lithium ore deposits were identified. Moreover, Global Strategic Metals assumes that another 10 million tons of lithium-rich stones are assumed. Above all, lithium is used in the electronic industry. CEO Tony…

This article includes a total of 198 words.

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