The lithium mine on the Koralpe is said to be richer than expected: to the delight of investors, the recoverable deposit of the coveted battery raw material is estimated at 12.9 megatons. That could extend the service life of the system – to four decades. The project remains controversial due to the environmental pollution, especially since the processing remains in the valley.
“Test drilling has shown us how rich the deposit is. The service life of the mine increases to up to 40 years. We are currently completing the submission plans in accordance with the Mineral Raw Materials Act, ”explains lawyer Christian Ragger, who represents European Lithium Limited. No result before 2023 The mining authority in Leoben will decide on the application – and that may take time. No result is expected before 2023. “But then things would go quickly: The start of mining is planned for the second quarter,” assures Ragger.Lithium miningBy then the plant for processing Koralpen lithium should also be in place. Where they found seven suitable hectares for this is still a secret. “The property deal has to go through the stage first – rumors that it is in St. Paul are wrong.” Controversial projectWhy is the lithium project actually controversial? First, since 2011 there have been mostly announcements. And secondly, mining the battery raw material that is in demand around the world is not particularly environmentally friendly – even if lithium is particularly important for e-mobility.
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