Raw material extraction project in the Ore Mountains pushed ahead

Lithium mining from 2029 at the earliest

A pre-feasibility study is currently being worked on, the company Zinnwald Lithium announced on request. It is counting on being recognized as a prioritized project under the EU's Critical Raw Materials Act and thus being able to accelerate the approval and licensing process. According to the current timetable, the framework operating plan is expected to be approved in 2027. The construction of the mine could then begin. With a construction period of two years, the production of lithium hydroxide could begin in 2029.

The company Saxore is also sticking to its mining project. In Rittersgrün near Breitenbrunn, it primarily wants to mine tin. New estimates assume a larger deposit than previously assumed. It is estimated to be around 138 million tons of ore - around 30 percent more than previously thought. "The improved resource estimate was achieved primarily thanks to new, extensive data from the Wismut archives," explained Managing Director Matthias Faust. "This outlook will make our future Tellerhäuser mine even more economically attractive."