Euro Manganese Announces Completion of Commissioning of its Chvaletice High-purity Manganese Demonstration Plant
1
NR 2024-10
Euro Manganese Announces Completion of Commissioning of its Chvaletice
High-purity Manganese Demonstration Plant
VANCOUVER, British Columbia (June 18, 202 4) – Euro Manganese Inc. (TSX -V and ASX: EMN; OTCQB:
EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce the successful completion of
commissioning of its high-purity manganese Demonstration Plant at its Chvaletice Manganese Project
("Chvaletice" or the "Project") in the Czech Republic.
Highlights
• Two independent external laboratories have confirmed that samples of high-purity manganese
sulphate monohydrate ("HPMSM") made from high-purity electrolytic manganese metal
("HPEMM") produced at the Demonstration Plant (“DP”) meet the DP design target HPMSM
specifications with low levels of impurities.
• With all modules operating on a consistent basis, and producing on-spec products, this marks
the completion of commissioning of the on-site Demonstration Plant.
• Concurrently, the Permanent Operating Permit for the Demonstration Plant was received from
the Department of Building and Spatial Planning of the Municipality of Chvaletice on June 12,
2024.
Final commissioning of the Demonstration Plant is now complete, with HPEMM produced from the
electrowinning circuit of the Demonstration Plant used to produce target HPMSM specifications with low
levels of impurities. The consistent operation of all modules is the other requirement of commissioning
which has now been achieved.
The completion of commissioning of the Demonstration Plant allows the Company to produce bulk, multi-
tonne finished product samples of HPMSM and/or HPEMM for prospective customers' supply chain
qualification, thereby reducing the timeline to test products from the Chvaletice commercial plant in the
future.
There are still optimisation activities underway, and the Demonstration Plant allows the Company to:
• Collect relevant operational data to feed into the engineering of the commercial plant;
• Prepare intermediate process stream and residue samples as required for vendor testing of
process equipment for the commercial plant, thereby allowing process guarantees on selected
vendor packages;
• Produce by -product samples for testing and potential marketing of such by -products, e.g.
magnesium carbonate;
• Serve as a testing and training facility, providing learning opportunities and lessons that are being
fed into the engineering process for the commercial plant; and
2
• Test potential additional feedstock for the commercial plant, e.g., manganese by -product from
recycled battery black mass processing.
Figure 1 - Chvaletice Process Flow Sheet
The Demonstration Plant can produce the equivalent of approximately 33kg of HPEMM per day which
can be converted into approximately 100kg per day of HPMSM
Dr. Matthew James, President & CEO of Euro Manganese, commented:
“The ability to produce high-purity manganese products from our commissioned Demonstration Plant is a
significant milestone for the Company . This enables us to offer prospective customers the optionality of
on-spec HPEMM and/or HPMSM product s with very tight impurity levels. In fact, some high-purity
manganese samples from the Demonstration Plant have already been provided to certain parties to allow
them to start or continue with their product qualification process.
While this commissioning process has taken longer than initially expected, the insight gained continues to
provide opportunities for engineering and operational process improvements for our planned Chvaletice
commercial plant . I am immensely proud of the Demonstration Plant t eam for their diligence and
dedication in having successfully commissioned this facility.”
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 TSX Venture and the ASX, and is also traded on the OTCQB.
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.
3
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 t he ASX accepts responsibility for the adequacy or accuracy of t his
release.
Inquiries
Dr. Matthew Jame
President & CEO
LodeRock Advisors
Neil Weber
Investor and Media Relations – North America
+1 (647) 222-0574
Jane Morgan Management
Jane Morgan
Investor and Media Relations - Australia
+61 (0) 405 555 618
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 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 st ate 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 d iscussed 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, the ability to produce bulk
samples of HPMSM and/or HPEMM for prospective customers' supply chain qualification, and any
reduction to the timeline to test products from the Chvaletice commercial plant , the ability to provide
process guarantees, ability to produce by -product samples for testing and potential marketing, and the
ability to test additional potential feedstock for the commercial plant.
4
All forward -looking statements are made based on the Company's current beliefs including various
assumptions made by the Company including that the Demonstration Plant will continue to operate
consistently, the Chvaletice Project will be developed and operate in accordance with current plans, and
that the Company will meet the conditions of its secured loan, and obtain sufficient additional financing
and that potential customers will want the Company’s products.. Factors that could cause actual results
or events to differ materially from current expectations include, among other things: risks related to
acquisition of surface rights; securing sufficient offtake agreements; risks related to granting security; the
availability of acceptable financing for developing and advancing the Chvaletice Project and for continued
operations; 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, 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 updat e or revise the forward -looking statements contained herein to reflect events or
circumstances occurring after the date of this news release.