Euro Manganese will present manganese supply story during virtual conference

Euro Manganese will present manganese supply story during virtual conference

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Euro Manganese Inc (ASX:EMN) (CVE:EMN) had identified an opportunity to fill supply chain gaps for ultra-high-purity manganese products through its Czech Republic project and will inform investors of its progress and plans during an upcoming virtual conference. The company’s president and CEO Marco Romero will present at the NWR Small Cap Resources Virtual Conference next week. Online presentation Organised by NWR Communications, the conference will be online from Melbourne at 10am AEST on Wednesday, May 6, 2020, which is 5pm PDT in North America on Tuesday, May 5. Investors can register online to view the presentation using the following: https://us02web.zoom.us/webinar/register/WN_7cosHvuCT-yZqwgqNCLg7g EMN president and CEO Marco Romero. Euro Manganese is focused on the development of the Chvaletice Manganese Project in the Czech Republic for which feasibility study test work has been underway since October 2019. Manganese ‘under the radar’ According to Benchmark Mineral Intelligence data, manganese has flown under the radar compared to its battery raw material peers, yet its distribution of production capacity across the battery supply chain is just as precarious as the highest risk raw materials of lithium and cobalt. In 2019, manganese was not mined in any significant quantities in the main jurisdictions for cathode, battery cell or EV production. In fact, North America produced zero tonnes of manganese and Europe fractional tonnes, via a small operation in Ukraine while China only produced 6% of global total output relying on primary producers such as South Africa, Australia and Gabon. Those familiar with the supply chains for lithium, cobalt, graphite and nickel will understand that similar rules apply here: not all manganese can be used to produce the manganese sulphate monohydrate used in lithium-ion battery cathodes. And it is this manganese chemical refining step in the supply chain where China has a significant advantage with 93% of production in 2019. Goal to be preferred European supplier Euro Manganese’s goal is to be the preferred European supplier of ultra-high-purity manganese products for the lithium-ion battery industry. The company owns Western Europe’s largest manganese deposit, strategically located in the heart of Europe, amidst a major emerging cluster of electric vehicle, cathode and battery plants. Euro Manganese has envisaged a low-cost extraction method involving the recycling of manganese-rich waste with no hard rock mining or milling required.

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