Euro Manganese’s Chvaletice Project Declared Strategic Deposit by Czech Government
Euro Manganese announced that its Chvaletice Manganese Project in the Czech Republic has been designated as a Strategic Deposit by the Czech government. This significant milestone brings several advantages including expedited approval processes, reduced administrative burden, and access to special procedures similar to key infrastructure projects.
The Strategic Deposit status will help accelerate permitting by prioritizing official approvals, streamlining coordination between authorities, and potentially reducing obstacles from certain institutions. This designation is also a important prerequisite for receiving state investment incentives in the form of grants.
The announcement follows two major recent achievements: the Environmental and Social Impact Assessment (ESIA) approval in March 2024 and securing the Determination of Mining Lease permit in January 2025. These represent significant steps toward full project permitting.
Euro Manganese ha annunciato che il suo progetto di manganese di Chvaletice nella Repubblica Ceca è stato designato come Deposito Strategico dal governo ceco. Questo traguardo significativo porta con sé diversi vantaggi, tra cui processi di approvazione accelerati, riduzione del carico amministrativo e accesso a procedure speciali simili a quelle dei progetti infrastrutturali chiave.
Lo status di Deposito Strategico aiuterà ad accelerare il rilascio delle autorizzazioni, dando priorità alle approvazioni ufficiali, semplificando il coordinamento tra le autorità e potenzialmente riducendo gli ostacoli da parte di alcune istituzioni. Questa designazione è anche un prerequisito importante per ricevere incentivi agli investimenti statali sotto forma di sovvenzioni.
L'annuncio segue due importanti traguardi recenti: l'approvazione della Valutazione dell'Impatto Ambientale e Sociale (ESIA) nel marzo 2024 e il conseguimento del permesso di Determinazione della Licenza Mineraria nel gennaio 2025. Questi rappresentano passi significativi verso il completo rilascio delle autorizzazioni per il progetto.
Euro Manganese anunció que su Proyecto de Manganeso de Chvaletice en la República Checa ha sido designado como Depósito Estratégico por el gobierno checo. Este hito significativo trae consigo varias ventajas, incluyendo procesos de aprobación acelerados, reducción de la carga administrativa y acceso a procedimientos especiales similares a los de proyectos de infraestructura clave.
El estatus de Depósito Estratégico ayudará a acelerar la obtención de permisos al priorizar las aprobaciones oficiales, agilizar la coordinación entre las autoridades y potencialmente reducir los obstáculos de ciertas instituciones. Esta designación también es un requisito importante para recibir incentivos de inversión estatal en forma de subvenciones.
El anuncio sigue a dos logros recientes importantes: la aprobación de la Evaluación de Impacto Ambiental y Social (ESIA) en marzo de 2024 y la obtención del permiso de Determinación de Arrendamiento Minero en enero de 2025. Estos representan pasos significativos hacia la obtención completa de permisos para el proyecto.
유로 망가니즈는 체코 공화국의 차발레티체 망가니즈 프로젝트가 체코 정부에 의해 전략적 자원으로 지정되었다고 발표했습니다. 이 중요한 이정표는 승인 절차의 가속화, 행정적 부담의 감소, 주요 인프라 프로젝트와 유사한 특별 절차에 대한 접근을 포함한 여러 가지 이점을 가져옵니다.
전략적 자원 상태는 공식 승인을 우선시하고, 당국 간의 조정을 간소화하며, 특정 기관으로부터의 장애물을 잠재적으로 줄임으로써 허가 과정을 가속화하는 데 도움이 될 것입니다. 이 지정은 또한 보조금 형태로 국가 투자 인센티브를 받기 위한 중요한 전제 조건입니다.
이번 발표는 최근 두 가지 주요 성과에 이어진 것입니다: 2024년 3월의 환경 및 사회적 영향 평가(ESIA) 승인과 2025년 1월의 채굴 임대 허가 결정 확보입니다. 이는 프로젝트 허가를 위한 중요한 단계입니다.
Euro Manganese a annoncé que son projet de manganèse de Chvaletice en République tchèque a été désigné comme Dépôt Stratégique par le gouvernement tchèque. Ce jalon significatif apporte plusieurs avantages, notamment des processus d'approbation accélérés, une réduction de la charge administrative et un accès à des procédures spéciales similaires à celles des projets d'infrastructure clés.
Le statut de Dépôt Stratégique aidera à accélérer l'obtention des permis en priorisant les approbations officielles, en rationalisant la coordination entre les autorités et en réduisant potentiellement les obstacles de certaines institutions. Cette désignation est également une condition préalable importante pour recevoir des incitations à l'investissement public sous forme de subventions.
L'annonce fait suite à deux réalisations majeures récentes : l'approbation de l'Évaluation de l'Impact Environnemental et Social (ESIA) en mars 2024 et l'obtention du permis de Détermination de Bail Minier en janvier 2025. Cela représente des étapes significatives vers l'obtention complète des permis pour le projet.
Euro Manganese gab bekannt, dass sein Manganprojekt in Chvaletice in der Tschechischen Republik von der tschechischen Regierung als Strategische Lagerstätte eingestuft wurde. Dieser bedeutende Meilenstein bringt mehrere Vorteile mit sich, darunter beschleunigte Genehmigungsprozesse, reduzierte administrative Belastungen und Zugang zu speziellen Verfahren, die ähnlichen Schlüssel-Infrastrukturprojekten vorbehalten sind.
Der Status als Strategische Lagerstätte wird helfen, die Genehmigungen zu beschleunigen, indem offizielle Genehmigungen priorisiert, die Koordination zwischen den Behörden vereinfacht und potenziell Hindernisse von bestimmten Institutionen verringert werden. Diese Einstufung ist auch eine wichtige Voraussetzung für den Erhalt staatlicher Investitionsanreize in Form von Zuschüssen.
Die Ankündigung folgt auf zwei bedeutende Erfolge: die Genehmigung der Umwelt- und Sozialverträglichkeitsprüfung (ESIA) im März 2024 und die Sicherung der Bestimmung des Bergbaulizenzgenehmigung im Januar 2025. Diese stellen bedeutende Schritte in Richtung vollständiger Genehmigung des Projekts dar.
- Strategic Deposit designation enables faster permitting and development timeline
- Qualifies for state investment incentives through grants
- Recently secured two major permits: ESIA approval and Mining Lease determination
- Reduced administrative burden and streamlined authority coordination
- None.
VANCOUVER, British Columbia, March 19, 2025 (GLOBE NEWSWIRE) -- Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the "Company") today announced that the manganese deposit at its Chvaletice Manganese Project (the "Chvaletice Project" or the "Project") has been declared a strategic deposit (“Strategic Deposit”) by the Czech government.
Highlights
- Chvaletice Manganese deposit designated a Strategic Deposit by the Czech government under the Czech Mining Act amendments
- Recognizes the importance of manganese as both a strategic and critical raw material for the Czech Republic
- Designation expedites and enhances predictability of permitting process
- Obtaining this status is the crucial prerequisite for receiving a state investment incentive in the form of a grant
Strategic Deposit Designation
The designation of the Chvaletice deposit as a Strategic Deposit by the Czech government marks a major step forward for the Project, further streamlining the permitting process and facilitating timely actions to advance development.
Strategic Deposit status helps accelerate permitting in the following ways:
- Expedited approval processes: Strategically significant deposits will have priority in obtaining permits and official approvals, reducing the time required for project preparation and mining initiation.
- Reduced administrative burden: The designation will streamline coordination between various authorities, eliminating bureaucratic obstacles and minimizing assessment duplication.
- Use of special procedures: Strategically significant deposits may qualify for special legislative procedures similar to those for key infrastructure projects, potentially reducing the ability of certain institutions or civil organizations to hinder or block progress. This status enhances the predictability and speed of permitting processes, facilitating the timely extraction of raw materials critical for energy security, energy transition and industrial needs.
In March 2024, Euro Manganese received approval of the Environmental and Social Impact Assessment ("ESIA") for the Chvaletice Project from the Czech Ministry of Environment, and in January 2025, the Company secured the Determination of Mining Lease permit, which represent two of the most significant approvals in the process towards full permitting.
Martina Blahova, Interim CEO of Euro Manganese, commented:
"Being classified as a Strategic Deposit by the Czech government is a significant milestone for Euro Manganese, and we appreciate the support and recognition of the importance of the Chvaletice Manganese Project. This designation represents a significant catalyst for our development timeline and reflects the critical role our project plays in establishing local, sustainable raw material supply chains. This validates our team's hard work and commitment, and strengthens our position as we continue to advance Project development.”
About Euro Manganese
Euro Manganese is a battery materials company focused on becoming a leading producer of high-purity manganese for the electric vehicle industry. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic and exploring an early-stage opportunity to produce battery-grade manganese products in Bécancour, Québec.
The Chvaletice Project is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. It is also the only sizable resource of manganese in the European Union, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.
Euro Manganese is dual listed on the TSXV and the ASX and is also traded on the OTCQB.
Authorized for release by the Interim 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
Martina Blahova
Interim Chief Executive Officer
+1 (604) 681-1010
martina@mn25.ca
LodeRock Advisors
Neil Weber
Investor and Media Relations – North America
+1 (647) 222-0574
neil.weber@loderockadvisors.com
Company Address: #709 -700 West Pender St., Vancouver, British Columbia, Canada, V6C 1G8
Website: 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 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.
Such forward-looking information or statements include, but are not limited to, statements regarding the Company’s intentions regarding the development and advancement of the Project , ability of the Company to proceed with the Project’s next phases, achieve full Project permitting, receive any benefits related to the Project being designated a Strategic Deposit, including expedited approval process, reduced administrative burden, use of special procedures to enhance predictability and speed, and the Company being eligible to receive Czech state investment incentives or grants. Forward looking statements also include the ability of the Company to construct its facility for producing high-purity manganese and finance the development of the Project.
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.
All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company and information currently available to the Company. Factors that could cause actual results or events to differ materially from current expectations include, among other things: risks and uncertainties related to the ability to obtain, amend, or maintain necessary licenses, or permits; risks related to acquisition of surface rights; risks related to granting security; securing sufficient offtake agreements; the availability of acceptable financing for developing and advancing the Chvaletice Project and for continued operations; the availability and reliability of equipment, facilities, and suppliers necessary to complete development; the ability to develop adequate processing capacity with expected production rates; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in EV (Electric Vehicles) battery markets and chemistries; and risks related to fluctuations in currency exchange rates, changes in laws or regulations; and regulation 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, 2024, 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 does the Strategic Deposit status mean for Euro Manganese's Chvaletice Project (EUMNF)?
What major permits has Euro Manganese (EUMNF) secured for the Chvaletice Project?
How will the Strategic Deposit designation affect EUMNF's permitting timeline?
What benefits does the Strategic Deposit status provide to EUMNF shareholders?
