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Zinnwald Lithium plc / EPIC: ZNWD.L / Market: AIM / Sector: Mining

2 September 2024

Zinnwald Lithium plc ('Zinnwald Lithium' or the 'Company')

German Chancellor Declares Lithium Mining a Priority

Meeting with the Minister of Economic Affairs in Saxony to discuss raw material security

Zinnwald Lithium plc, the European focused lithium company developing the integrated Zinnwald Lithium Project (the 'Project') in Germany, is pleased to note that on Friday 30 August 2024, Germany's Chancellor, Olaf Scholz, visited the Saxon Mining Authority ('SOBA') in Freiberg to discuss the future raw material security in Germany with the Saxon Minister of Economics, Martin Dulig.

Representatives of Zinnwald Lithium GmbH, a wholly owned subsidiary of Zinnwald Lithium, also attended the meeting at which the potential role of Zinnwald Lithium's Project near Altenberg was discussed. The Company has applied for the Project to be recognised and implemented as a strategic project in accordance with the European Union's Critical Raw Materials Act ('CRMA').

During his visit, Chancellor Scholz emphasised the importance of a Europe-wide approach: "We need all of Europe ready to take on projects like this. It's not just a challenge for us; there are critical raw materials across Europe that we can mine and urgently need."

A press release issued by the Government of Saxony regarding the Chancellor's visit can be found here: https://www.medienservice.sachsen.de/medien/news/1079172

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Notes

AIM quoted Zinnwald Lithium plc (EPIC: ZNWD.L) is focused on becoming an important supplier of lithium hydroxide to Europe's fast-growing battery sector. The Company owns 100% of the Zinnwald Lithium Project in Germany, which has an approved mining licence, is located in the heart of Europe's chemical and automotive industries and has the potential to be one of Europe's more advanced battery grade lithium projects.

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