Interview with Exec-Chair at the RIU conference in Sydney
Here’s a short interview done EMH Executive Chairman Keith Coughlan from the RIU conference in Sydney.
A key takeaway for us was Keith’s emphasis on the changing macro environment in the EU as a result of the Russia/Ukraine conflict.
Keith mentioned that the EU is focusing on mineral security and energy security. Effectively making mention of the fact that there is now urgency to secure supply chains of all critical minerals.
We think that the significance of this and the whole “critical minerals” investment thematic is seriously underappreciated by markets.
This is where the macro tailwinds for EMH have become stronger.
Our battery metals investment European Metals Holdings Ltd (ASX: EMH) is developing the largest hard rock lithium resource in the EU.
EMH’s advanced stage lithium project is ideally located in the Czech Republic, on the border with battery-metal-hungry Germany and in close proximity to the continent’s largest automobile manufacturers.
We first invested in EMH in March 2021 well before “critical minerals” became mainstream and the Russia/Ukraine war put an emphasis on the need to secure domestic supplies of these critical raw materials.
Lithium sits on the critical minerals list of almost every developed economy and, most importantly, is on the EU list.
We expect all of these macro tailwinds to eventually translate into heightened interest inside the EU for projects like EMH’s.
Earlier in the year we launched our 2022 EMH Investment Memo where we detail the reasons why we continue to hold EMH in our portfolio, what we want to see the company achieve, and the key risks to our investment thesis.
