A seemingly innocuous memorandum with an Australian mining company about exploitation and processing of some of the Czech Republic’s biggest lithium reserves is now in the spotlight on the eve of parliamentary elections. Some parties are calling for a special session of parliament to be called so that accusations can be aired.
The Czech Ministry of Industry and Australia's European Metals Holdings have signed a memorandum of understanding on a deal that would give the Australian company the right to mine lithium in Europe’s biggest known deposit in the north-western part of the Czech Republic. The main condition of the agreement is that the lithium mined should be processed in the Czech Republic.
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