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European Lithium

ASX:EUR
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Market cap
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Story beats
174 since 2010
Last event
21 Oct 2026

Announcements, explained

Each one in plain English, with the numbers worked through for a shareholder.

18 Feb 2026drilling result▲ Good

CRML reported resampling of 33 holes drilled in 2010 at Tanbreez's Hill deposit: weighted average 0.44% rare earths (range 0.31%-0.94%), about 24% heavy. It validates the historical data; no change to the resource, and infill drilling is planned for 2026.

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10 Feb 2026drilling result▲ Good

CRML reported final 2025 Tanbreez assays from Area B and the Fjord deposit, with 0.40% to 0.47% rare earths. Area B shows broad mineralisation next to the Hill deposit; extension drilling is planned for 2026 and a resource update is expected.

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15 Jan 2026drilling result▲ GoodMajor

First 2025 Tanbreez assays from the Fjord and Upper Fjord areas show 0.40% to 0.47% rare earths with about 26-27% heavy rare earths. Mineralisation extends at least 1 km northeast from hole K-24 and stays open, supporting the planned resource upgrade.

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16 Dec 2025drilling result▲ Good

CRML reported the final 2024 Fjord drilling results at Tanbreez, with grades of 0.39% to 0.54% rare earths and about 27% heavy rare earths. Results are meant to support a revised resource estimate; the announcement says there is no change to the current resource.

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4 Sept 2025drilling result● Neutral

Assays from three more 2024 Fjord holes (D, E, F): TREO 0.40-0.42%, about 26% heavy rare earths, gallium oxide 93-99 ppm. Grades are lower than the earlier holes but close to the resource grade. Over 1,900m drilled in 2025; remaining assays pending.

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20 Aug 2025drilling result▲ Good

First assays from three more 2024 Fjord holes (A2, B, C): TREO 0.50-0.55%, about 25-27% heavy rare earths, gallium oxide about 90-100 ppm. Joins A1-24 and is consistent with the 0.38% resource grade. Nine holes still await assays.

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5 Aug 2025drilling result▲ Good

First assays from ten shallow 2010 Hill Deposit holes: TREO 0.32-0.89% (weighted 0.58%) with gallium oxide 80-140 ppm. Samples were only partial sections. Five holes (1,250m) of the 2025 Fjord program are complete; 2024 results remain pending.

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16 July 2025drilling spud▲ GoodMajor

The 2,000m resource drilling program started at Tanbreez Fjord; first hole K25-01 is about 60m deep in eudialyte-bearing rock. It aims to expand the resource and feed a feasibility study due Q4 2025, with no assay results yet.

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11 June 2025drilling result▲ Good

EUR published for the first time assays from eleven deep historical Tanbreez holes (2007 and 2013) at Fjord and Hill: weighted average 0.43% TREO with 28% heavy rare earths. Grades match earlier holes and show mineralisation below the resource. EUR now cites about 63% of CRML.

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29 May 2025resource reserve update▲ GoodMajor

EUR added an addendum to the Tanbreez resource: 180Mt of feldspar and arfvedsonite (102Mt indicated, 78Mt inferred), industrial minerals in the same rock, on top of the 44.9Mt rare earth resource at 0.38% TREO. No grade is given for these industrial minerals.

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20 May 2025drilling result▲ Good

EUR published assays from six more historical 2013 Tanbreez holes, averaging 0.38-0.48% TREO over 51.5-80m, mostly open at depth. They match earlier holes and add no new drilling. EUR still holds about 68% of CRML.

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12 May 2025drilling result▲ Good

EUR published for the first time assays from two historical Tanbreez holes: DX-02 (2010) 0.42% TREO over 195m and D306-13 (2013) 0.45% over 328m. Grades are similar to earlier holes. EUR says they support infill drilling to expand the resource. CRML now holds 42%, EUR about 68% of CRML.

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23 Apr 2025resource reserve update▲ GoodMajor

A Tanbreez scoping study estimates before-tax NPV of about US$2.4-3.0B (8-10% discount), 162% IRR, about 3-year payback and 19-year life, using Indicated resource only. After-tax NPV is US$1.8-2.2B. It is preliminary, with no reserves and funding still required. Follows the 8 April PEA.

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18 Mar 2025drilling result▲ Good

EUR published historical Tanbreez holes: DX-01 (2010) averaged 0.42% rare earth oxide over 338m, and D7-14 (2007) 0.44% over 243m. They are similar in grade to the 2024 hole A1-24. The 15 remaining 2024 holes are still awaited.

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13 Mar 2025resource reserve update▲ GoodMajor

EUR reported Tanbreez's maiden resource: 44.9Mt at 0.38% rare earth oxide (indicated and inferred), from a 2016 estimate for former owner Rimbal. It is not updated. EUR holds 7.5% directly, and with CRML 49.5% combined.

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20 Jan 2025drilling result▲ GoodMajor

First assays from the Tanbreez confirmation drilling (EUR directly holds 7.5%): a 40m intersection from surface averaging 4,722.51 ppm total rare earth oxide, 26.96% heavy. Only the first of sixteen holes; CRML had already released it on Nasdaq in Nov and Dec 2024.

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8 Mar 2023resource reserve update▲ GoodMajor

Definitive feasibility study for Wolfsberg: post-tax NPV (6%) US$1.504B, IRR 33.3%, capex US$866M, about 8,800tpa lithium hydroxide for 14.6 years. Maiden ore reserve 11.5Mt at 0.64% Li2O. Reinstates the figure retracted in January; construction targeted Q4 2023.

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11 Jan 2023resource reserve update● Neutral

Announces an interim DFS NPV6 of US$1.504B for Wolfsberg, using higher capex (~US$866M) and opex assumptions. Retracted the same day, so it should not be relied on.

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8 Sept 2022drilling result▲ GoodMajor

EVR, owning 80% of the Eastern Alps satellite projects (EUR 20%), reports rock chip assays up to 3.24% Li2O from 39 samples. Millstätter Seerücken is flagged a high-priority drilling target, and 33 new licences (14.90 km2) were secured. Follows the June 2022 geological assessment.

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19 Apr 2022resource reserve update● NeutralMajor

DRA's interim NPV6 for Wolfsberg is A$862M in an accelerated case: ~10,500tpa lithium hydroxide, 770,000tpa mining, US$26,800/t hydroxide price, with capex up 20% to US$508M. The DFS slips from end Q1 to Q3 2022, citing COVID and the Ukraine conflict.

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1 Dec 2021resource reserve update▲ GoodMajor

Total Wolfsberg resource rises 11% to 12.9Mt at 1.00% Li2O, adding an Inferred 3.1Mt at 0.90% to the 9.7Mt Measured and Indicated. This beats the ~11Mt target and chairman says mine life should extend beyond the PFS.

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9 Nov 2021resource reserve update▲ GoodMajor

Wolfsberg Measured and Indicated resource rises about 54%, from 6.3Mt at 1.17% to 9.7Mt at 1.03% Li2O, after the 20-hole infill program. Inferred estimate still to come. EUR also agrees to buy back a legacy €1.50 per tonne royalty.

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16 Aug 2021drilling progress report▲ GoodMajor

Phase 2 drilling reaches 20 holes (7,925m), with completion due 17 August; the 1.91m and 2.4% Li2O results are repeated. Resource update, aiming for 11Mt at 1% Li2O, is now expected in September. Zone 2 work is deferred until after mining begins.

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3 June 2021drilling result▲ GoodMajor

Seven holes (2,929m, over 30% of the program) are done. Early assays on two of six sample batches show pegmatite up to 1.91m true thickness at up to 2.4% Li2O. A second rig is on site; program remains on budget.

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20 Apr 2021drilling progress report▲ Good

Four holes are complete and a fifth started, with 1,690m of core and over 98% recovery. A second rig arrives in May; all 21 holes are expected finished by end of July, with results in Q3 2021.

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16 Mar 2021drilling progress report▲ Good

First Phase 2 hole reached target depth of 440.7m, with spodumene-bearing pegmatite seen in core. Company says geology broadly fits its model and the campaign is below budget. No assay results yet.

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26 Feb 2021drilling spud▲ GoodMajor

Drilling rigs mobilised and Phase 2 drilling began at Wolfsberg on 23 February 2021, as scheduled on 2 February. This ends the contractor delay seen since 2020. No results yet.

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2 Feb 2021drilling scheduled▲ GoodMajor

Phase 2 drilling of up to 21 deep holes (320-510m, max 8,340m) at Wolfsberg is due to start mid-February 2021, aiming to upgrade 4.68Mt of inferred resource and extend Zone 1. Upgraded resource targeted by end Q3 2021, COVID permitting.

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28 May 2019drilling scheduled▲ GoodMajor

Resource drilling resumes at Wolfsberg Zone 1 after approvals; Phase 1 (five shallow holes, 1,300m) due in about 5 weeks, then an upgraded resource statement. Aims to convert the 4.68Mt Inferred to Measured/Indicated. Long-delayed drilling finally under way.

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27 Apr 2018drilling result▲ GoodMajor

Four of five new Zone 2 holes reported multiple pegmatite intersections, up to 7.05m (lower grade) and grades up to 2.49% Li2O. Company says Zone 2 could mirror Zone 1; a maiden Inferred resource is planned. One hole's assays are still awaited.

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