Chvaletice

Euro Manganese Receives Approval of Environmental and Social Impact Assessment for Chvaletice Manganese Project and Appoints Project Director

Retrieved on: 
Wednesday, March 27, 2024
FEED, EV, Land, Euro, Wood, Project, Planning permission, Biophysical environment, Non-governmental organization, Chemical engineer, ESIA, Copper, Gold, ASX, Postgraduate education, EMN, Social impact assessment, Chvaletice, Nickel, Lithium, EPCM, Cobalt, Mining, Construction

VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.

Key Points: 
  • VANCOUVER, British Columbia, March 27, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce it has received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Manganese Project ("Chvaletice Project" or the "Project") from the Czech Ministry of Environment.
  • In addition, the Company is pleased to appoint Mr. Tim Kindred, an experienced, large-scale project delivery professional, as Project Director for the Chvaletice Project.
  • Mr. Tim Kindred recently joined the Company as Project Director for the Chvaletice Project.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Approval of the Environmental and Social Impact Assessment for the Chvaletice Project is a major permitting and project milestone.

Euro Manganese Advances to Next Stage of Debt Funding Process with the European Investment Bank

Retrieved on: 
Sunday, March 10, 2024
Reconstruction, Soil, Collection, European Commission, EIB, European Central Bank, European Investment Bank, Project, BofA Securities, MSP, EMN, Intergovernmentalism, ESG, Manganese, ASX, Private sector, Chvaletice

VANCOUVER, British Columbia, March 10, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company") today announced that its Chvaletice Manganese Project ("Chvaletice" or the "Project") is formally listed1 as under appraisal for debt financing with the European Investment Bank ("EIB").

Key Points: 
  • VANCOUVER, British Columbia, March 10, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company") today announced that its Chvaletice Manganese Project ("Chvaletice" or the "Project") is formally listed1 as under appraisal for debt financing with the European Investment Bank ("EIB").
  • Funding from the EIB would complement a broader funding package to support the development of the Company’s high-purity battery-grade manganese plant in the Czech Republic.
  • Chvaletice remains the only sizable proven and probable reserve of manganese in the European Union and through the Project, Euro Manganese will be uniquely positioned to provide a secure, traceable, and responsibly produced supply of high-purity manganese products to the European electric vehicle market.
  • With the European Bank of Reconstruction and Development (“EBRD”) already as a key shareholder, today’s announcement is another key step towards achieving project funding.

Euro Manganese Reports Fourth Quarter and Year-End 2023 Financial Results and Project Developments

Retrieved on: 
Thursday, December 14, 2023
FEED, Government, CapeNature, Mineral, Municipality, Financial statement, IRR, Private sector, Village, Memorandum of understanding, Royalty payment, Demonstration plant, Economics, Agreement, Collection, OMRF, EMN, Manganese, MMC, Documentation, Overalls, Commission, EPCM, Mining, Grand Conseil, Feasibility study, Civil service commission, Calendar, NPV, Engineering, Demonstration, Planning permission, European Commission, ASX, Partner, Acquisition, BK, Growth, Chvaletice, MSP, Renewable energy

VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.

Key Points: 
  • VANCOUVER, British Columbia, Dec. 14, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the fourth fiscal quarter 2023 and to date.
  • The Company has now filed its September 30, 2023 year-end Financial Statements, Management’s Discussion and Analysis, and other financial reports.
  • US$100 million non-dilutive funding package announced to advance development of the Chvaletice Manganese Project (the "Project"); US$20 million received on closing.
  • The Chvaletice Project received high-level inter-governmental support during the fourth calendar quarter by being named as a project under the Minerals Security Partnership.

Orion Resource Partners to Support Euro Manganese with US$100 Million Funding Towards the Development of the Chvaletice Manganese Project

Retrieved on: 
Tuesday, November 28, 2023
ASX, FID, OMRF, EMN, LLP, Receipt, European, Royalty, BK, Manganese, G&A, Norton Rose Fulbright, Chvaletice

The royalties will be calculated on a quarterly basis and the sliding scale rate is dependent on the high-purity manganese products prices achieved during the respective quarter.

Key Points: 
  • The royalties will be calculated on a quarterly basis and the sliding scale rate is dependent on the high-purity manganese products prices achieved during the respective quarter.
  • All aspects of the Funding Package were structured to meet Project finance bankability requirements.
  • Both the Convertible Loan Facility and the Royalty Financing sit alongside, and reduce, the project finance debt and equity required for the full Project financing.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “This is a transformative transaction for Euro Manganese, providing a Funding Package that facilitates the best possible pathway to a final investment decision and representing a collaboration between Euro Manganese, Orion, and Stifel.

Euro Manganese Produces High-Purity Manganese Sulphate from Chvaletice Demonstration Plant

Retrieved on: 
Monday, November 13, 2023
Team, Demonstration plant, Engineering, Risk, EMN, Marketing, ASX, DP, Chvaletice, Demonstration, Czech Republic, Impurity, Lithium, Fine chemical, Iron ore

Euro Manganese’s Demonstration Plant is an essential step in reducing risk in the Company’s flowsheet (see Figure 1).

Key Points: 
  • Euro Manganese’s Demonstration Plant is an essential step in reducing risk in the Company’s flowsheet (see Figure 1).
  • The Demonstration Plant has already provided many learning opportunities and lessons that are being fed into the engineering process for the commercial plant.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Producing high-purity manganese sulphate from our Demonstration Plant is a significant milestone for the Company.
  • Euro Manganese continues to demonstrate it is a leader in developing western high-purity manganese processing capacity.

Euro Manganese’s Chvaletice Manganese Project Selected as a Project for Support under Inter-Governmental Minerals Security Partnership

Retrieved on: 
Wednesday, October 11, 2023
European, Partnership, Chvaletice, Mineral, ESG, Private sector, ASX, GDP, Manganese, Collection, EMN, Czech Republic, MSP, Partner, Airline, Rare-earth element, Mining, EU

VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to confirm its Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic has been announced as a project to be supported under the inter-governmental Minerals Security Partnership ("MSP").

Key Points: 
  • VANCOUVER, British Columbia, Oct. 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to confirm its Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic has been announced as a project to be supported under the inter-governmental Minerals Security Partnership ("MSP").
  • Chvaletice is the only manganese project within the 17 projects, and Euro Manganese is one of only three companies specifically named by the MSP, referencing Chvaletice and recognising the potential of the Company’s Bécancour project in Quebec.
  • Sponsorship by the EU and Canada, and selection as a strategic project indicates high-level inter-governmental support from the MSP Partners for the Chvaletice Project.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “To be selected as a critical project by the Minerals Security Partnership further reinforces the importance of the Chvaletice Manganese Project.

Euro Manganese Reports Third Fiscal Quarter 2023 Financial Results and Project Developments

Retrieved on: 
Monday, August 14, 2023
Feasibility study, Czech Republic, WSP, Planning permission, MMC, Corrosion, Project, IRR, Agreement, Klaipėda Geothermal Demonstration Plant, Chvaletice, Front-end loading, EPCM, Documentation, Land, Engineering, Port, FEED, Government, Internal rate of return, EMN, NPV, Economic and Technology Cooperation Agreement, Manganese, Construction management, Economics, Grand Conseil, Demonstration plant, ASX, FID, Memorandum of understanding, Demonstration, General Administration of Press and Publication, Lithium, Renewable energy, Pharmaceutical industry, Study, ESIA, Wood

The Company has now filed its June 30, 2023 Third Fiscal Quarter Financial Statements and Management’s Discussion and Analysis.

Key Points: 
  • The Company has now filed its June 30, 2023 Third Fiscal Quarter Financial Statements and Management’s Discussion and Analysis.
  • Euro Manganese reports to a fiscal year-end of September 30.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “We continued to advance the Chvaletice Manganese Project during the third fiscal quarter and to date.
  • Developments at our Bécancour Project subsequent to the quarter make this opportunity increasingly attractive for the Company and its stakeholders.

Euro Manganese Awards EPCM Contract to Wood Australia and Provides Update on Project Permitting

Retrieved on: 
Friday, June 30, 2023
Land, Chvaletice, EV, Legislation, Noise, Czech Republic, Engineering, Overalls, Perception, AACE, EPCM, Planning permission, ASX, FEED, EMN, Ministry, FID, Engineering, procurement, and construction, Documentation, Construction management, Project, Environment, Construction, EU, Wood, ESIA

The Company also provides an update on the permit approval process for the Project.

Key Points: 
  • The Company also provides an update on the permit approval process for the Project.
  • The Company selected Wood as the preferred contractor in April 2023 and has now concluded the contract negotiations and received Board approval to award the contract to Wood.
  • Wood will provide overall project and construction management services throughout the EPCM phase of the project, which includes detailed design, procurement, construction, and commissioning.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Awarding the EPCM contract to Wood is another key milestone for the Company.

Euro Manganese Reports Second Fiscal Quarter 2023 Financial Results and Project Developments

Retrieved on: 
Thursday, May 11, 2023
BMO, Demonstration plant, BMO Capital Markets, Chvaletice, Term sheet, EV, Czech Republic, Original equipment manufacturer, EPCM, Port, ASX, Carbon, IRA, EMN, CRMA, United States Department of the Treasury, Treasury, Manganese, Diplomatic mission, Engineering, Construction management, Project, Memorandum of understanding, Plant, Biophysical environment, Czech, Demonstration, Social impact assessment, CzechInvest, Lithium, Construction, Rare-earth element, EU, European

VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the second fiscal quarter and to date.

Key Points: 
  • VANCOUVER, British Columbia, May 11, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce key developments during the second fiscal quarter and to date.
  • The Company has now filed its March 31, 2023 Second Fiscal Quarter Financial Statements and Management’s Discussion and Analysis.
  • Euro Manganese reports to a fiscal year-end of September 30.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “We delivered on a number of fronts during the second fiscal quarter and to date.

Euro Manganese Welcomes the European Critical Raw Materials Act

Retrieved on: 
Monday, March 20, 2023
Chvaletice, State, EV, Subsidy, Legislation, Manganese, Czech Republic, Commission, Act, ASX, The Commission, Recycling, National Biodiesel Board, EMN, CRMA, The Act, InvestEU, Mining, Project, EC, Lithium, Renewable energy, Management, Rare-earth element, Construction, Bank, EU, European

VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") welcomes the European Commission’s ("EC" or the "Commission") proposed Critical Raw Materials Act ("CRMA" or the "Act") published on March 16, 2023, which outlines how the European Union ("EU") intends to ensure a secure and sustainable supply of critical raw materials that are essential in supporting the energy transition.

Key Points: 
  • VANCOUVER, British Columbia, March 20, 2023 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the "Company" or "EMN") welcomes the European Commission’s ("EC" or the "Commission") proposed Critical Raw Materials Act ("CRMA" or the "Act") published on March 16, 2023, which outlines how the European Union ("EU") intends to ensure a secure and sustainable supply of critical raw materials that are essential in supporting the energy transition.
  • By 2030, of all critical raw materials consumed in the EU each year:
    10% to be mined from European Union sources;
    40% to be processed within the European Union; and
    15% to come from recycled materials.
  • Dr. Matthew James, President & CEO of Euro Manganese, commented:
    “Securing access to critical raw materials to support the energy transition has never been more important.
  • We welcome the European Commission’s proposed Critical Raw Materials Act and the opportunities it presents for the Chvaletice Manganese Project.