Euro Manganese Announces Successful Completion of Demonstration Plant Continuous Operation Program
Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF) has successfully completed a 5-day continuous operation program at its Chvaletice Manganese Project's Demonstration Plant in the Czech Republic. The plant, which includes six main process stages, achieved key technical targets for producing high-purity electrolytic manganese metal (HPEMM).
The continuous operation ran from October 7 to October 12, 2024, with a target of producing at least 132 kg of HPEMM. The plant exceeded expectations, producing 172 kg of HPEMM with 100% reliability and no stoppage time. This achievement is important for accessing the next draw-down from the Orion financing package announced in November 2023.
The Demonstration Plant's success positions Euro Manganese as the only new high-purity manganese project outside China with a fully operational facility, potentially benefiting from the growing demand for high-purity manganese in battery production.
Euro Manganese Inc. (TSX-V e ASX: EMN; OTCQB: EUMNF) ha completato con successo un programma di operazione continua di 5 giorni presso l'impianto dimostrativo del progetto di manganese di Chvaletice nella Repubblica Ceca. L'impianto, che comprende sei fasi principali di processo, ha raggiunto obiettivi tecnici chiave per la produzione di manganese metallico elettrolitico ad alta purezza (HPEMM).
L'operazione continua si è svolta dal 7 ottobre al 12 ottobre 2024, con l'obiettivo di produrre almeno 132 kg di HPEMM. L'impianto ha superato le aspettative, producendo 172 kg di HPEMM con un'affidabilità del 100% e senza tempi di fermo. Questo successo è importante per accedere al prossimo prelievo dal pacchetto di finanziamento Orion annunciato a novembre 2023.
Il successo dell'impianto dimostrativo posiziona Euro Manganese come l'unico nuovo progetto di manganese ad alta purezza al di fuori della Cina con una struttura completamente operativa, potenzialmente beneficiando della crescente domanda di manganese ad alta purezza nella produzione di batterie.
Euro Manganese Inc. (TSX-V y ASX: EMN; OTCQB: EUMNF) ha completado con éxito un programa de operación continua de 5 días en su Planta Demostrativa del Proyecto de Manganeso de Chvaletice en la República Checa. La planta, que incluye seis etapas principales de proceso, alcanzó objetivos técnicos clave para la producción de metal de manganeso electrolítico de alta pureza (HPEMM).
La operación continua se realizó del 7 de octubre al 12 de octubre de 2024, con un objetivo de producir al menos 132 kg de HPEMM. La planta superó las expectativas, produciendo 172 kg de HPEMM con una confiabilidad del 100% y sin tiempo de paro. Este logro es importante para acceder a la próxima disponibilidad del paquete de financiamiento de Orion anunciado en noviembre de 2023.
El éxito de la Planta Demostrativa posiciona a Euro Manganese como el único nuevo proyecto de manganeso de alta pureza fuera de China con una instalación completamente operativa, beneficiándose potencialmente de la creciente demanda de manganeso de alta pureza en la producción de baterías.
유로 망간 Inc. (TSX-V 및 ASX: EMN; OTCQB: EUMNF)는 체코 공화국의 차발레티체 망간 프로젝트 시연 플랜트에서 5일 연속 운영 프로그램을 성공적으로 완료했습니다. 이 플랜트는 6개의 주요 공정 단계를 포함하며 고순도 전해망간 금속 (HPEMM) 생산을 위한 주요 기술 목표를 달성했습니다.
연속 운영은 2024년 10월 7일부터 10월 12일까지 진행되었으며, 최소 132kg의 HPEMM을 생산하는 것을 목표로 했습니다. 플랜트는 100% 신뢰도로 172kg의 HPEMM을 생산하여 기대치를 초과했습니다. 이 성과는 2023년 11월 발표된 오리온 자금 지원 패키지의 다음 인출을 위한 중요한 이정표입니다.
시연 플랜트의 성공은 유로 망간이 중국 이외에서 유일하게 완전히 운영되는 고순도 망간 프로젝트로 자리 잡도록 하여, 배터리 생산에서 고순도 망간에 대한 증가하는 수요의 혜택을 받을 가능성을 높입니다.
Euro Manganese Inc. (TSX-V et ASX: EMN; OTCQB: EUMNF) a réussi à compléter un programme d'opération continue de 5 jours à son usine de démonstration du projet de manganèse de Chvaletice en République tchèque. L'usine, qui comprend six étapes principales de traitement, a atteint des objectifs techniques clés pour la production de manganèse électrolytique de haute pureté (HPEMM).
L'opération continue s'est déroulée du 7 octobre au 12 octobre 2024, avec pour objectif de produire au moins 132 kg de HPEMM. L'usine a dépassé les attentes, produisant 172 kg de HPEMM avec une fiabilité de 100 % et aucun temps d'arrêt. Cet accomplissement est important pour accéder au prochain tirage du package de financement Orion annoncé en novembre 2023.
Le succès de l'usine de démonstration positionne Euro Manganese comme le seul nouveau projet de manganèse de haute pureté en dehors de la Chine avec une installation entièrement opérationnelle, bénéficiant potentiellement de la demande croissante de manganèse de haute pureté dans la production de batteries.
Euro Manganese Inc. (TSX-V und ASX: EMN; OTCQB: EUMNF) hat erfolgreich ein 5-tägiges kontinuierliches Betriebsprogramm in der Demonstrationsanlage des Chvaletice-Manganprojekts in der Tschechischen Republik abgeschlossen. Die Anlage, die sechs Hauptprozessstufen umfasst, hat wichtige technische Ziele zur Herstellung von hochreinem elektrolitischem Mangans (HPEMM) erreicht.
Der kontinuierliche Betrieb lief vom 7. Oktober bis 12. Oktober 2024 mit dem Ziel, mindestens 132 kg HPEMM zu produzieren. Die Anlage übertraf die Erwartungen und produzierte 172 kg HPEMM mit 100% Zuverlässigkeit und ohne Ausfallzeiten. Dieser Erfolg ist wichtig für den Zugang zur nächsten Abruftranche des im November 2023 angekündigten Orion-Finanzierungspakets.
Der Erfolg der Demonstrationsanlage positioniert Euro Manganese als das einzige neue Hochreinstmanganprojekt außerhalb Chinas mit einer voll funktionsfähigen Anlage und könnte von der wachsenden Nachfrage nach hochreinem Mangan in der Batterieproduktion profitieren.
- Successful completion of 5-day continuous operation program
- Exceeded HPEMM production target by 30% (172 kg vs. 132 kg)
- Achieved 100% reliability with no stoppage time
- Demonstration Plant is fully operational, unique outside China
- Positioned to benefit from growing demand for high-purity manganese in batteries
- None.
VANCOUVER, British Columbia, Oct. 16, 2024 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) is pleased to announce the on-site Demonstration Plant successfully completed a 5-day continuous operation program for the production of high-purity electrolytic manganese metal at the Company’s Chvaletice Manganese Project (“Chvaletice” or the “Project”) in the Czech Republic. The Demonstration Plant achieved key technical targets which form part of the necessary conditions for accessing the next draw-down from the Orion financing package announced on November 28, 2023.
Highlights
- The Demonstration Plant hosts six of the main process stages of the Project’s metallurgical flowsheet. The electrowinning stage can be operated on a continuous basis with the qualified solution feedstock provided from the leaching and purification process stage. The electrowinning process produces selenium-free, high-purity electrolytic manganese metal (“HPEMM”) flakes (
99.9% Mn). The other key process stages operate on a batch basis and include: ore to slurry preparation; beneficiation via magnetic separation to produce an ore concentrate; leaching and purification of concentrate; control and removal of magnesium; and HPEMM dissolution, purification, drying and crystallization to produce high-purity manganese sulphate monohydrate (“HPMSM”) product (>99.9% HPMSM).
- From October 7 to October 12, 2024, the qualified solution preparation and electrowinning module undertook a 24-hour-a-day, 5-day continuous operation program, with a target of producing a minimum of 132 kg HPEMM, with no more than 8 hours stoppage time. The purification step was run on batch basis to provide sufficient feedstock.
- The Demonstration Plant operated as-designed and without interruption, achieving
100% reliability over the 5-day program (i.e. no stoppage time). Overall, 172 kg of HPEMM was produced, exceeding target production by over30% .
Dr. Matthew James, President & CEO of Euro Manganese, commented:
“The successful completion of 120 hours of continuous operations while exceeding target production by
About Euro Manganese
Euro Manganese is a battery materials company focused on becoming a leading, competitive, and environmentally superior producer of high-purity manganese for the electric vehicle industry and other high-technology applications. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic, which is a unique waste-to-value recycling and remediation opportunity involving refining old tailings from a decommissioned mine. The Chvaletice project is the only sizable resource of manganese in Europe, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.
Qualified Person(s) Statement
The technical information in this news release was prepared under the supervision of Ms. Andrea Zaradic, P. Eng., a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). Ms. Zaradic has reviewed and approved the information in this news release for which she is responsible and has consented to the inclusion of the matters in this news release based on the information in the form and context in which it appears.
Authorized for release by the CEO of Euro Manganese Inc.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the ASX accepts responsibility for the adequacy or accuracy of this release.
Enquiries
| Dr. Matthew James President & CEO mjames@mn25.ca | LodeRock Advisors Neil Weber Investor and Media Relations – North America +1 (647) 222-0574 neil.weber@loderockadvisors.com |
| Jane Morgan Management Jane Morgan Investor and Media Relations - Australia +61 (0) 405 555 618 jm@janemorganmanagement.com.au | |
Follow us/Subscribe
| Follow us on X |
| Subscribe to our YouTube |
| Follow us on LinkedIn |
| Subscribe to our mailing list for updates |
| Visit our website: https://www.mn25.ca |
Forward-Looking Statements
Certain statements in this news release constitute “forward-looking statements” or “forward-looking information” within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as “may”, “would”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, “anticipate”, “estimate”, “scheduled”, “forecast”, “predict” and other similar terminology, or state that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved.
Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.
Such forward-looking information or statements also include, but are not limited to, statements regarding the Company’s intentions regarding the development of the Chvaletice Project, its ability to produce high-purity manganese products, and the potential to benefit from any projected demand for high-purity manganese or changes in battery chemistries.
All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company, including that the Chvaletice Project will be developed and operate as planned, that the demonstration plant will continue to operate successfully, and that the Company will obtain sufficient financing. Factors that could cause actual results or events to differ materially from current expectations include, among other things: insufficient working capital; lack of availability of financing for developing and advancing the Chvaletice Project; risks related to granting security; the inability to develop adequate processing capacity; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in EV (Electric Vehicles) battery markets and chemistries; risks related to fluctuations in currency exchange rates; and regulation and changes in laws by various governmental agencies. For a further discussion of risks relevant to the Company, see “Risk Factors” in the Company's annual information form for the year ended September 30, 2023, available on the Company's SEDAR+ profile at www.sedarplus.ca.
Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.
FAQ
What was the outcome of Euro Manganese's (EUMNF) Demonstration Plant continuous operation program?
When did Euro Manganese (EUMNF) conduct the continuous operation program at its Chvaletice Project?
What is the significance of the Demonstration Plant's success for Euro Manganese (EUMNF)?
How does the Demonstration Plant's performance affect Euro Manganese's (EUMNF) financing?
