Results of Comparative LCA Study show Euro Manganese’s Battery-Grade Manganese Products have Lowest Carbon Footprint
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NR 2022-25
Results of Comparative LCA Study show Euro Manganese’s Battery-Grade
Manganese Products have Lowest Carbon Footprint
VANCOUVER, British Columbia (December 7, 2022) – Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX:
EUMNF; Frankfurt: E06) (the "Company" or "EMN") is pleased to announce positive results from a Life
Cycle Assessment study comparing the global warming potential ("GWP" or "carbon footprint") of the
Company’s high-purity manganese products from the Chvaletice Project ("Chvaletice" or "the Project" or
"CMP") in the Czech Republic with those produced by the incumbent industry in China – where currently
95% of global high-purity manganese products are processed.
Highlights
• The GWP of high-purity electrolytic manganese metal ("HPEMM") produced at Chvaletice, using
100% renewable power , is 64% lower than the estimated GWP of HPEMM produced by the
incumbent industry.
• High-purity manganese sulphate monohydrate ("HPMSM") produced via EMM dissolution has a
carbon footprint 59% lower at Chvaletice compared to HPMSM produced in China.
• Additional Company analysis shows that Chvaletice’s high-purity manganese metal has a
significantly lower carbon footprint compared to nickel and cobalt, the other NMC battery
cathode metals.
Comparative Summary of Life Cycle Assessment CO2 Emissions for HPEMM & HPMSM
Source: Streamlined Life Cycle Assessment Study of Manganese Products, prepared by Minviro for Euro Manganese.
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Details of the Life Cycle Assessment
Euro Manganese engaged Minviro Ltd. (“Minviro”), a UK-based and globally recognized sustainability and
life cycle assessment consultancy, and RCS Global Ltd. (“RCS Global”), a leading global auditor of battery
material supply chains, to conduct a cradle -to-gate study to evaluate the GWP of HPEMM and HPMSM
produced at the Chvaletice Project and by the incumbent industry in China. Data analyzed was from public
sources for different operational manganese plants in the country. GWP processing routes using both grid
mix electricity and renewable electricity were evaluated in-line with LCA best-practice and Global Battery
Alliance requirements for the battery passport.
Comparative Summary of Life Cycle Assessment CO2 Emissions for HPEMM & HPMSM
HPEMM
(kg CO2 eq. per kg)
HPMSM
(kg CO2 eq. per kg)
Impact
Category China CMP
(Grid Mix)
CMP
(Renewable Mix) China CMP
(Grid Mix)
CMP
(Renewable Mix)
Scope 1 4.7 1.2 1.2 1.6 0.4 0.4
Scope 2 11.4 9.5 2.1 3.2 3.3 0.7
Scope 3 0.9 2.7 2.7 0.4 1.0 1.0
Total 17.1 13.4 6.1 5.1 4.7 2.1
Note: Totals may not add exactly due to rounding.
● Scope 1: direct Greenhouse Gas ("GHG") emissions.
● Scope 2: indirect GHG emissions from imported energy (electricity, heat or steam).
● Scope 3: any other indirect emissions. This study excludes the transport of reagents for
comparative purposes; as such, Scope 3 and total GWP figures for the CMP are slightly lower in
this study than those detailed in the LCA Study conducted earlier this year.
The main contributors to the estimated carbon footprint of HPEMM produced in China are the embodied
emissions from the electricity grid mix. For HPMSM produced in China via EMM dissolution , the main
contributor is the same: embodied emissions in the electricity grid mix.
Summary of Processing Routes analyzed in Life Cycle Assessment
Processing Route Location Purity
(% Mn)
HPEMM
Se-free electrowinning (Estimate) China 99.9
Se-free electrowinning (Grid Mix) CMP 99.9
Se-free electrowinning (Renewable Mix) CMP 99.9
HPMSM
EMM dissolution China >32
HPEMM dissolution (Grid Mix) CMP ~32.4
HPEMM dissolution (Renewable Mix) CMP ~32.4
The purity of Chvaletice ’s HPMSM exceeds the published Chinese specification, as i mpurities in
Chvaletice’s HPMSM process are controlled to a tighter level. Chvaletice’s and Chinese HPMSM products
have manganese levels above 32%, however, HPMSM produced in China contains selenium (if using EMM
produced in China as feedstock) while Chvaletice’s HPMSM is selenium free. HPMSM produced in China
using ore from South Afri ca has higher levels of trace elements of fluorine and silicon compared to
Chvaletice’s HPMSM.
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Comparative Summary of Global Warming Potential for Ternary Battery Metals
Sources: Nickel Institute Life Cycle Assessment Report in 2020 and Cobalt Institute Life Cycle Assessment Report in 2022.
Additional Company analysis of the GWP for different cathode metals shows that Chvaletice manganese
has the lowest kg CO 2 eq. per kg of metal when compared against the Nickel Institute LCA and Cobalt
Institute LCA.
Dr. Matthew James, President & CEO of Euro Manganese, commented:
“The results of this comparative Life Cycle Assessment confirm that high-purity manganese products from
the Chvaletice Project are shown to have a significantly lower carbon footprint than the incumbent
industry. These results are also lower than other manganese projects that have recently published Life
Cycle Assessment results. Equally, when benchmarked against the carbon footprint of nickel and cobalt,
the other battery cathode metals, manganese from Chvaletice also compares very favorably. This further
supports the move to high -manganese cathode chemistries, with manganese being the most affordable
and green battery metal.
With automotive manufacturers increasingly using strategic procurement to meet their targets of lower
carbon emissions, and as we progress offtake discussions, the results of this comparative Life Cycle
Assessment are extremely beneficial and very timely.”
About Euro Manganese Inc.
Euro Manganese Inc. 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 reprocessing 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.
Authorized for release by the CEO of Euro Manganese Inc.
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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.
About Minviro Ltd.
Minviro is a London-based and globally recognized consultancy and technology company specializing in
carrying out life cycle assessments in the raw material sector and technology minerals and metals space.
The company provides quantitative environmental and climate impact data for mineral resource projects
and operations, battery manufacturers and the EV industry to make environmentally informed decisions.
(www.minviro.com)
About RCS Global Ltd.
RCS Global is a world leading, vertically integrated ESG audit, consulting, and data solutions provider
with a specialisation in battery material supply chains.
Inquiries
Dr. Matthew James
President & CEO
+44 (0)747 229 6688
Louise Burgess
Senior Director, Investor Relations & Communications
+1 (604) 312-7546
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 projects, or industry results, to be materially different from any
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to future events or future performance about the Company and its business and operations. Fur ther, it
should be noted that no production decision has been made with respect to the Project and that such a
decision will only be made based on permitting and financing having been secured.
Such forward looking statements or information include, but ar e not limited to , statements about the
carbon footprint of the Chvaletice Project, the Company’s ability to source 100% renewable power,
forecasted electricity demands, and the benefits of the LCA.
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whether or n ot such results will be achieved. A number of factors could cause actual results to differ
materially from the results discussed in the forward-looking statements or information, including, but not
limited to, the factors discussed under “Risks Notice” and elsewhere in the Company’s MD&A, as well as
the inability to obtain regulatory approvals in a timely manner; the inability to source 100% renewable
power; the potential for unknown or unexpected events to cause contractual conditions to not be
satisfied; unexpected changes in laws, rules or regulations, or their enforcement by applicable
authorities;; social or labour unrest; changes in commodity prices; and the failure of programs or studies
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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 actu al 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. The Company’s actual results could differ
materially from those anticipated in these forward-looking statements as a result of the factors set forth
in the “Risks Notice” section and elsewhere in the Company’s MD&A for the year ended September 30,
2021 and its Annual Information Form.