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Euro Manganese Inc.
(TSX-V:EMN, ASX:EMN)


 

  Our Initial Entry
Price

Portfolio Initiation

5 Day VWAP
After Initiation

Current Price

Our Current Returns

ASX:EMN
$0.065
$0.062
Sep 04 2020
$0.090
$0.330
    408%

ASX:EMN
Our Current Returns
408%


Overview

What does EMN do?

Euro Manganese (ASX:EMN) is developing a High Purity Manganese project in the European Union (Czech Republic) through the recycling of a tailings resource from a historical mine site.

What is the macro theme behind EMN?

Manganese is a key input for EV batteries and European nations are adopting pro EV policies with the ultimate aim of phasing out fossil fuel powered vehicles by 2035.

The EU region currently accounts for ~45% of all EV sales. With the size of the global EV fleet expected to grow from 11 million now to ~145 million in 2030, we expect domestic demand for battery metals like manganese to increase exponentially.