The CEO of Australian company European Metals Holdings, Keith Coughlan, has
said the company wants to negotiate the possibility of extraction of
lithium at Cínovka in Teplice in the Ore Mountains with the new
government. According to the CEO, EMH is ready to meet the obligations of a
memorandum signed by the Social Democrat Minister of Industry Jiří
Havlíček and the company at the beginning of October.
The firm has already negotiated with the state enterprise Diamo. It is unclear what tack the next government will take. Lithium mining in the Czech Republic became a heavily politicized issue ahead of the recent election. In the run-up, Andrej Babiš, whose ANO won the election, several times labelled the memorandum as theft.
The Lower House of Parliament is set to hold an extraordinary meeting on
Monday over lithium mining in the Czech Republic, which has caused a
dispute between the Social Democrats and the ANO party. ANO said the
memorandum signed by the Social Democrat-controlled Ministry of Industry
with Australia’s European Metals Holdings Company sells out the national
The meeting was prompted by the opposition Communist Party, according to which lithium doesn’t belong to foreign hands and should remain in the state hands. However, the Social Democrat foreign minister, Lubomír Zaorálek, said the government had agreed a measure aimed at boosting the state’s rights to mine other materials.
The Škoda Auto brand and that of Volkswagen and Spanish manufacturing unit
SEAT should be more clearly distinguished from each other according to the
general manager of the Volkswagen Group, Matthias Müller.
The move should, it is claimed, help reduce conflicts and tension between the companies targeting the same mass market. Production should be targeted at 14 different customer segments, according to the declaration made to managers in Volkswagen’s home city of Wolfsburg.
Media reports have recently suggested tension within the group particular focused on suspicions that the success of Škoda Auto could be coming at the expense of other Volkswagen companies .
The government and representatives of the automotive industry have signed a
memorandum aimed at making it easier for Czech Republic-based producers to
develop new technologies and keep step with overseas manufacturers.
Czech Prime Minister Bohuslav Sobotka said that securing the future of the auto industry would have a marked impact on the Czech economy and employment.
The memorandum centres on the areas of electric vehicles, fully and partly self-driving vehicles and digitalisation.
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.
ANO leader Andrej Babiš has said Trade and Industry Minister Jiří
Havlíček should provide an explanation as to why he signed a memorandum
on a deal enabling the Australian company European Metals Holdings the
right to mine lithium the Czech Republic or else resign.
Babiš described the agreement as „daylight robbery“ saying the privilege of mining the country’s natural resources should go to a Czech state-owned company.
The Communist Party agrees with the argument and has already collected 60 signatures in favour of calling a special session of Parliament on the matter ahead of the general elections.
The Brno International Engineering Fair opens its doors to visitors on
Monday, October 9th. Over 1,600 companies are exhibiting their products
this year with an emphasis on industrial automation.
The strongest representation is from Germany, India, Slovakia and China. The fair, which lasts until Friday, is accompanied by a number of side events such as lectures and seminars.
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