Euro Manganese on track to complete Chvaletice feasibility study by end of 2021
2020-12-30 11:00:45 [Print]
Canada's Euro Manganese Inc expects a feasibility study for Chvaletice Manganese Project in the Czech Republic to be completed by the end of 2021, subject to additional financing and completion and commissioning of a demonstration plant.
The company has taken a key step in bringing the project to production by placing an order for a high-purity manganese products demonstration plant for which procurement and fabrication are underway.
With the aim of reducing costs and technical risks, this forms of key part of the company's strategy to evaluate potential value-enhancing opportunities for the Chvaletice project.
Additional value-enhancing includes optimizing building sizing, equipment selection, solid-liquid separation methods, alternative magnesium removal methods, manganese sulfate crystallization technologies, leaching methods as well as minimizing energy and water consumption.
Euro Manganese has made significant strides in advancing the Chvaletice project as it aims to be Europe's only primary producer of ultra-high-purity electrolytic manganese metal with a best-in-class environmental footprint. The Company believes that the project's location in the heart of Europe's fast-growing EV production hub make it a European and globally strategic asset.
Chvaletice is targeting production of ultra-high-purity electrolytic manganese metal (HPEMM) with specifications exceeding 99.9% manganese and ultra-high-purity manganese sulfate monohydrate (HPMSM) with a minimum manganese content of 32.34%, both of which exceed typical industry standards.
The company has taken a key step in bringing the project to production by placing an order for a high-purity manganese products demonstration plant for which procurement and fabrication are underway.
With the aim of reducing costs and technical risks, this forms of key part of the company's strategy to evaluate potential value-enhancing opportunities for the Chvaletice project.
Additional value-enhancing includes optimizing building sizing, equipment selection, solid-liquid separation methods, alternative magnesium removal methods, manganese sulfate crystallization technologies, leaching methods as well as minimizing energy and water consumption.
Euro Manganese has made significant strides in advancing the Chvaletice project as it aims to be Europe's only primary producer of ultra-high-purity electrolytic manganese metal with a best-in-class environmental footprint. The Company believes that the project's location in the heart of Europe's fast-growing EV production hub make it a European and globally strategic asset.
Chvaletice is targeting production of ultra-high-purity electrolytic manganese metal (HPEMM) with specifications exceeding 99.9% manganese and ultra-high-purity manganese sulfate monohydrate (HPMSM) with a minimum manganese content of 32.34%, both of which exceed typical industry standards.
Manganese Flake 99.7%min Ex-VAT FOB China
Unit:USD/mt
China manganese flake producers' inventory to production ratio statistics by province by month
Unit: %
