BUZZ-Australia's European Metals Holdings soars 106% on lithium site's strategic status win

Reuters

03-26

BUZZ-Australia's European Metals Holdings soars 106% on lithium site's strategic status win

** European Metals Holdings EMH.AX soars 105.8% to A$0.350, highest since June 13, 2024

** Mineral explorer's Czech Republic-based Cinovec lithium project gets strategic project status under Critical Raw Materials Act from European Commission

** Says Strategic Project status will bring with it simplified bureaucracy, accelerated approval processes, access to funding, secured market and stability and protection against geopolitical risks

** Stock set for biggest intraday pct gain since April 2015

** EMH more than doubles YTD

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((JasmeenAraIslam.Shaikh@thomsonreuters.com;))

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