Setback for European Lithium as Austrian Court Orders Fresh Environmental Review
27.11.2025 - 21:53:04European Lithium AU000000EUR7
Investors in European Lithium faced a significant setback this week when an Austrian legal decision introduced new regulatory uncertainty for the company’s flagship Wolfsberg project. The news triggered a sharp sell-off, sending the share price tumbling and overshadowing positive developments from the company’s recent annual meeting.
The market reaction was swift and severe. European Lithium shares fell 5.88 percent to 0.160 AUD as trading volume surged to approximately 5.4 million shares. This decline reflects growing investor concern over a ruling from Austria’s Federal Administrative Court concerning the Wolfsberg lithium mining operation.
The court overturned a prior exemption granted by the Carinthian state government, which Read more...
