European Metals Holdings Limited announced the selection of a new site for the Cinovec Lithium Processing Plant which is anticipated to provide improved permitting and project economics. The new site selection follows evaluation and preliminary agreement between project company Geomet and the relevant municipal and regional governments to move the lithium processing plant from Dukla to the Prunérov industrial site. Prunérov is the site of the former Prunérov 1 Power Station, which was decommissioned in 2020 and Prunérov 2 Power Station.

The site is owned and operated by CEZ, the Company's project level partner. The site, currently zoned for industrial use, is considerably larger in size than the Dukla site and should enable the processing plant to be laid out in a more effective (and anticipated less costly) manner, enabling better and faster constructability. The ore from the underground mining operation at Cinovec will be carried by conveyor to Dukla where it will be loaded onto trains for transport to Prunérov, a distance of approximately 59 km using existing rail facilities, the capacity of which has been confirmed.

During the DFS process, it became apparent that after considerable consultation with local stakeholders and the municipal and regional governments the Dukla site possessed limited capacity and also limited support from the surrounding municipalities. The Prunérov industrial site is located alongside the 750MW Prunérov 2 Coal fired power plant and is situated further away from inhabited areas.