EBRD engaged an independent, international natural resources consultancy to undertake a technical and environmental review of the Chvaletice Manganese Project. The EBRD’s Environmental and Social Policy is progressive and in keeping with international best practices, which EMN met. EMN has undertaken to maintain compliance with the EBRD’s environmental, social, economic inclusion and equal opportunity standards. The Company’s relationship with the EBRD is expected to be highly strategic as the European Union charts a path towards greater supply security and sustainability. Supporting the development project of Europe’s only primary producer of high-purity manganese, an essential battery raw material, aligns with these EU goals. EBRD engaged an independent, international natural resources consultancy to undertake a technical and environmental review of the Chvaletice Manganese Project. The EBRD’s Environmental and Social Policy is progressive and in keeping with international best practices, which EMN met. EMN has undertaken to maintain compliance with the EBRD’s environmental, social, economic inclusion and equal opportunity standards. The Company’s relationship with the EBRD is expected to be highly strategic as the European Union (“EU”) charts a path towards greater supply security and sustainability. Supporting the development project of Europe’s only primary producer of high-purity manganese, an essential battery raw material, aligns with these EU goals.
The Company welcomes this strategic investment, which aligns the Company’s interest with the EBRD and opens a pathway to potentially securing project financing from the EBRD and other European financial institutions. The successful completion of the technical and environmental due diligence process is a testament to the quality of our team and a strong vote of confidence in our Chvaletice Manganese Project. We are proud to have met the bank’s high ESG standards. Euro Manganese Inc. is a battery materials company whose principal focus is advancing the development of the Chvaletice Manganese Project, in which it holds a 100% interest. The proposed Project entails re-processing a significant manganese deposit hosted in mine tailings from a decommissioned mine, strategically located in the Czech Republic. The Company’s goal is to become a leading, competitive, and environmentally superior primary producer of ultra-high-purity Manganese Products in the heart of Europe, serving the lithium-ion battery industry, as well as other high-technology applications. Euro Manganese Inc. is a battery materials company whose principal focus is advancing the development of the Chvaletice Manganese Project, in which it holds a 100% interest. The proposed Project entails re-processing a significant manganese deposit hosted in mine tailings from a decommissioned mine, strategically located in the Czech Republic. The Company’s goal is to become a leading, competitive, and environmentally superior primary producer of ultra-high-purity Manganese Products in the heart of Europe, serving the lithium-ion battery industry, as well as other high-technology applications.