Euro Manganese buys back Chvaletice royalties to boost project economics
The company will purchase and extinguish net smelter royalties in the project, leading to value growth and cost savings. The proposed production facility involves re-processing a large manganese deposit hosted in historic mine tailings. In the background is a nearby power plant.
Euro Manganese Inc (ASX:EMN) (CVE:EMN) (OTCMKTS:EUMNF) (FRA:E06) will purchase and extinguish an aggregate 1.2% royalty interest in its flagship Chvaletice Manganese Project in a move that will boost project economics.
The 1.2% net smelter royalty was granted when Euro Manganese acquired the Chvaletice project in the Czech Republic back in May 2016 from three arm’s-length parties.
Euro Manganese (CVE: EMN ASX: EMN) CEO Marco Romero joined Steve Darling from Proactive to provide an update on their Chvaletice Manganese Project. The.
Euro Manganese makes strong progress with proposed manganese project in heart of Europe
Permitting process, demonstration plant, feasibility study and commercial negotiations for the Chvaletice Manganese Project all remain on track. Core samples of tailings material from the Chvaletice Manganese Project site, 90 kilometres east of Prague in the Czech Republic.
Euro Manganese Inc (ASX:EMN) (CVE:EMN) (OTCMKTS:EUMNF) (FRA:E06) continues to make strong progress with pre-development activities at the proposed Chvaletice Manganese Project following the closing the second tranche of an oversubscribed private placement of A$30 million earlier this month.
The project is designed to produce high-purity manganese products by reprocessing manganese-rich tailings from a decommissioned mine, 90 kilometres east of Prague in the Czech Republic at the heart of Europe.
Euro Manganese president and CEO discusses proactive approach to ESG
The company s principal focus is advancing the evaluation and development of the Chvaletice Manganese Project in the Czech Republic. The proposed production facility involves re-processing a large manganese deposit hosted in historic mine tailings. In the background is a nearby power plant.
Euro Manganese Ltd (ASX:EMN) (CVE:EMN) (OTCMKTS:EUMNF) (FRA:E06) president and chief executive officer Marco Romero has outlined the company’s commitment to environmental, social and corporate governance (ESG) at the Chvaletice Manganese Project in the Czech Republic.
In an interview with TMX Group’s Monica Hamm as part of its C-Suite at the Open series, Romero said the company’s plan entails reprocessing the waste from a decommissioned mine that operated between 1951 and 1975 to produce high purity manganese for Europe’s fast-growing electric vehicle and lithium-ion battery industries, as well as other hi