Germany-focused Zinnwald Lithium (LON: ZNWD) experienced a significant increase in its shares on Friday after announcing a 50% boost in the mineral resource estimate for its flagship project in Saxony The lithium producer, which had initially forecasted an annual production of 12,000 tonnes, now expects to produce 16,000 to 18,000 tonnes of battery-grade lithium per annum
This update positions Zinnwald as the second largest hard rock lithium project in the European Union and the third largest in Europe by resource size and contained lithium
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Source and Credit: mining.com
