Euro Manganese Inc. has signed a non-binding Memorandum of Understanding with Norwegian state-owned company Statkraft for the long-term supply of carbon-free renewable energy for Euro Manganese's flagship Chvaletice Manganese Project in the Czech Republic. Statkraft is Europe's largest generator of renewable energy. The Company has been working with Baringa Partners LLP over the last year on establishing long-term power [...]
Euro Manganese Inc. is pleased to announce that the Company has now filed on SEDAR the "Technical Report and Feasibility Study for the Chvaletice Manganese Project, Czech Republic" , prepared in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects. Further, the Company has lodged on the ASX Announcement Platform the "Public Report and Feasibility Study Assessment of the Chvaletice [...]
Euro Manganese Inc. is pleased to confirm that the two shipments, comprising 12 containers and including all modules of the Demonstration Plant, have now arrived at the Chvaletice Project site in the Czech Republic. Modules are now being unpacked and placed in position within the two fully-refurbished buildings. Commissioning of the Demonstration Plant, including cold, hot and performance testing, will commence once all [...]
Euro Manganese Inc. is pleased to announce the receipt of the third and final investment tranche from EIT InnoEnergy of €62,500 . Pursuant to the terms of a Project Support Agreement entered into by the Company and EIT InnoEnergy , announced on February 22, 2021, the Company was to receive a three-tranche investment having an aggregate value of €250,000. The funds have been used to support work on the Chvaletice [...]
Euro Manganese Inc. is pleased to announce key developments during the third fiscal quarter 2022 and to date. The Company has now filed its third quarter Financial Statements and Management's Discussion and Analysis. Key Developments During and Subsequent to the Quarter: Positive Feasibility Study announced for the Chvaletice Manganese Project. The FS outlines robust base case project economics of after-tax NPV8% of [...]
Euro Manganese is pleased to release highlights of the Life Cycle Assessment recently completed for the Company’s Chvaletice Manganese Project. Euro Manganese engaged Minviro and RCS Global, to conduct a cradle-to-gate, critically reviewed study quantifying the environmental impacts, including the carbon footprint, of producing high-purity manganese products from manganese-rich historic mine tailings
Euro Manganese Inc. is pleased to release highlights of its completed Feasibility Study for the Company’s flagship Chvaletice Manganese Project. Robust base case project economics: After-tax NPV of US$1.34 billion and pre-tax NPV of US$1.75 billion, using an 8% real discount rate and risk-adjusted base case price forecast. Ungeared after-tax Internal Rate of Return of 21.9% with a 4.1-year payback period; and pre-tax IRR [...]
Euro Manganese is pleased to announce that it has become a member of the Global Battery Alliance and NGOs who have mobilized to ensure that battery production not only supports green energy, but also safeguards human rights and promotes environmental sustainability. Euro Manganese is the first high-purity manganese company to join the GBA. The Company intends to participate in discussions around battery materials [...]
Euro Manganese is pleased to announce it has appointed Stifel Nicolaus Europe Limited, a wholly owned subsidiary of Stifel Financial as financial advisor to assist with the structuring and securing of project financing for the development of the Company’s flagship Chvaletice Manganese Project, located in the Czech Republic. The appointment of Stifel, a leading financial advisory group in the battery metals space, allows [...]
Euro Manganese is pleased to announce that the second and final consignment of the Company’s demonstration plant modules was shipped today by ocean freight from Shanghai, China to Hamburg, Germany. The first consignment was shipped on April 30. Upon arrival in Hamburg, each consignment will be delivered to the Chvaletice Manganese Project site by rail. Delivery is expected in June and July respectively, with assembly [...]
Euro Manganese is pleased to announce key developments during the second quarter 2022 and to date. The Company has now filed its second quarter Financial Statements and Management’s Discussion and Analysis. First shipment of the demonstration plant underway. The first consignment was shipped on April 30, 2022 and the final consignment is expected to be shipped in the coming weeks. Both shipments are being made by ocean [...]
Euro Manganese Inc. is pleased to announce the appointment of Ms. Hanna Schweitz to its Board of Directors effective April 25, 2022. Ms. Schweitz has significant experience in the metals and EV battery materials industry, which will be invaluable to the Company as it moves forward with the development of the Chvaletice Manganese Project in the Czech Republic. Ms. Schweitz is currently Director of Battery Materials and [...]
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