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EMN completes Land Access Agreement with CEZ

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Published 31-OCT-2023 11:01 A.M.

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Our European and North American high purity manganese Investment Euro Manganese (ASX:EMN) announced today that it has signed a lease agreement with CEZ.

The agreement with the Czech energy company sees EMN get land access to 60% of the Proven + Probable manganese Reserves in the Chvaletice tailings area.

EMN now has secured access to 85% of the total reserves of the project.

We see this as an important piece of the puzzle for EMN, that should give potential financiers of the project added confidence in the project.

This news comes shortly after EMN was announced as a project to be supported under the inter-governmental Minerals Security Partnership.

Whatโ€™s next for EMN?

We await potential catalysts on four main fronts:

  • Financing developments for Czech manganese project ๐Ÿ”„
  • Offtake(s) for Czech manganese project ๐Ÿ”„
  • Feasibility study for Quebec, Canada battery hub project ๐Ÿ”„
  • Production of on-spec high purity manganese sulphate product ๐Ÿ”„