Sydney, Australia – 17 October 2024 – Euro Manganese Inc. (ASX: EMN | TSX-V: EMN | OTCQB: EUMNF | Frankfurt: E06) is pleased to announce the successful completion of a five-day continuous operation program at its on-site Demonstration Plant at the Chvaletice Manganese Project in the Czech Republic. The program exceeded target production levels, producing high-purity electrolytic manganese metal (HPEMM), a key component for battery technologies, positioning the Chvaletice Project as a critical contributor to Europe’s battery supply chain.
Highlights:
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Continuous Production Success: The Demonstration Plant operated for 120 hours continuously, producing 172 kg of high-purity electrolytic manganese metal (HPEMM), exceeding the target of 132 kg by over 30%.
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Key Milestone Achieved: This achievement marks a critical technical milestone, demonstrating the technological maturity of the Chvaletice Manganese Project and supporting the Company’s path to the next draw-down from the Orion financing package.
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High-Purity Products: The plant successfully produced HPEMM flakes with a purity of 99.9% Mn. The next phase will focus on the production of high-purity manganese sulphate monohydrate (HPMSM), essential for battery technologies.
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Strategic Importance: As the only new high-purity manganese project outside China with a fully operational demonstration plant, Euro Manganese is well-positioned to benefit from the growing demand for high-purity manganese as the global transition to higher manganese battery chemistries accelerates.
Dr. Matthew James, President & CEO of Euro Manganese, stated: ““The successful completion of 120 hours of continuous operations while exceeding target production by 30% is another important technical milestone, and is a testament to the operations team’s knowledge, skill and operating discipline. This key step enhances our technological maturity. With the only new highpurity manganese project outside China to have a fully operational Demonstration Plant, the Chvaletice Project and Euro Manganese are positioned to benefit significantly from the growing demand for highpurity manganese as battery chemistries move to lower cost, higher manganese formulations.”
About us:
About Euro Manganese:
Euro Manganese is a battery materials company focused on becoming a leading, competitive, and environmentally superior producer of high-purity manganese for the electric vehicle industry and other high-technology applications. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic, which is a unique waste-to-value recycling and remediation opportunity involving refining old tailings from a decommissioned mine. The Chvaletice project is the only sizable resource of manganese in Europe, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.
Contact details:
Jane Morgan
Investor and Media Relations – Australia
+61 (0) 405 555 618
[email protected]