Coming at a time of renewed positive outlook for #lithium and strong geopolitical commitment to Critical Raw Material supply chain security, the grant confirms the significant support at both Czech Government and European Union levels.”

Following the previously detailed formal recognition of the Project, the approval of such a significant financial contribution clearly demonstrates the support for and importance of Cinovec in the future of European #electromobility.

Chairman Keith Coughlan commented: “The Czech Government’s award of a grant of up to EUR 360 million represents one of the largest direct project-level funding commitments to a critical raw materials project within the European Union.

🔊 Approval of up to €360 Million Czech Government Grant - strong EU and national support for Cinovec Geomet has been informed it has been awarded a grant of up to EUR 360 million for the development of our flagship Cinovec #Lithium Project: https://t.co/OiKeRUVDor

With additional test work indicated further flowsheet improvements and potential reagent and waste reductions, we remain focused on delivering the DFS in October 2025 and closing the value gap between EMH's market capitalization and the project fundamentals."

"The Geomet cash call is a key step in completing the DFS and keeping Cinovec on its critical path. We have acted quickly to secure A$3 million and are pursuing non-dilutive funding for the bulk of the cash call via the Dukla loan refinance and potential land sale.

🔊 Funding Pathway Secured to Complete Cinovec DFS; A$3m Placement and Non-Dilutive Refinancing Geomet has issued a € 11.0 million cash call to fund completion of the DFS. Under the project ownership structure, EMH's share is € 5.39 million. https://t.co/y6lURsv8Ku

A critical step in securing the Final Mining Permit over the entire #Cinovec Deposit as we work towards the completion of the DFS. The recent macro improvement in the #lithium market & renewed regional support suggests that the project will come to fruition at an opportune time.

🔊 Preliminary #Mining #Permit granted for Cinovec South We are pleased to announce that our subsidiary Geomet has been granted an updated Preliminary Mining Permit by the Czech Ministry of the Environment for the southern part of the #Cinovec deposit. https://t.co/TzJkigV8cS

✅ The Cinovec Project is a Strategic Project under the EU Critical Raw Materials Act (“CRMA”). ✅ Cinovec mineral deposit is designated a Strategic Deposit by the Czech government for the purposes of the Czech Construction Code.

✅ Czech selection panel of the managing authority for the EU JTF has approved a US$ 36 million grant to the Cinovec Project. ✅ JTF grant is conditional on the Project EIA being submitted by 31/12/25 & approval of the EIA by the Czech Ministry of Environment by 30/06/26

🔊 USD 36 million Just Transition Fund Grant Approved for #Cinovec Project We are pleased to announce an update in relation to grant funding by the European Union for the Cinovec Project >> https://t.co/hDtMLbgd2h

Watch our Executive Chairman Keith Coughlan discuss the latest developments regarding the #EU Critical Raw Materials Act and what the Strategic Project designation means for #Cinovec and the future of European #lithium supply: https://t.co/vg1krT9Tmp

This is a milestone moment for European #battery supply chains and sustainable resource development. We look forward to advancing the Cinovec Project to support Europe’s strategic autonomy! #Lithium #Cinovec #CRMA #StrategicProject #GreenTransition #CriticalRawMaterials

With an expected €22.5 billion in overall investment across 47 Strategic Projects, Cinovec and others will benefit from: 📌 Access to finance and support from the Commission, Member States & financiers 📌 Streamlined permitting 📌 Stronger connections with key offtakers

🔊Cinovec selected as Strategic Project by the @EU_Commission under the EU Critical Raw Materials Act (CRMA)! European Metals has been chosen as one of the 47 Strategic Projects - a key step towards securing Europe’s supply of critical raw materials! https://t.co/CoKZ2oUIuj

This status will enable the project timeline to be expedited and provides a clear signal of the importance of the development of Cinovec by the Czech Government for both the European car industry as well as the EU green transition.

This designation helps accelerate permitting processes in the following ways: ✅ Expedited approval process ✅ Reduced administrative burden ✅ Priority environmental impact assessment (EIA) review ✅ Use of exceptional procedures

🔊 Cinovec has been designated a "Strategic Deposit" for the purposes of the #Czech Construction Code, simplifying and shortening permitting. The designation will enhance the predictability and speed of the permitting processes >> https://t.co/JAmHh2O1Zo

This significant increase in planned #lithium output will lead to additional recognition of how important the Cinovec Project is and the role the Project will play in enabling the #EU to reach its goals of lithium self-sufficiency by 2030!