France's EMILI project, home to Europe's largest lithium deposit, just got a major boost. A recent pre-feasibility study revealed higher-than-expected lithium grades, doubling the project's lifespan from 25 to 50 years. This development, hailed by French Minister of Industry and Energy Marc Ferracci, solidifies EMILI's role as a cornerstone of Europe's energy transition and a key to achieving lithium production sovereignty.
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The future site, located in Fos-sur-Mer, France, is set to produce 2 million tons of Direct Reduced Iron (DRI) and Hot Briquetted Iron (HBI) annually, cutting CO2 emissions by up to 90% compared to traditional methods.
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As both governments emphasise economic cooperation, Uzbekistan is positioning itself as a key investment partner in Central Asia, with growing interest from French companies in its expanding market.
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Aurania Resources (TSXV: ARU; US-OTC: AUIF) CEO Keith Barron sparked interest at PDAC, showing off a quartz sample with visible gold from Brittany in northern France.
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