Pursuant to the term sheet, the company will deliver manganese to Wildcat for an initial term of seven years, with potential for renewal. The initial term sheet is subject to successful qualification by Wildcat of the manganese product from the Chvaletice demonstration plant.
“This long-term offtake term sheet represents a significant percentage of the planned production of the Chvaletice manganese project over time,” Euro Manganese CEO Matthew James said in a news release.
Saleable product includes 2.5-million tonnes of HPMSM (32.34% manganese), and 372,300 t of high-purity electrolytic manganese metal (99.9% manganese) over the life of the Chvaletice project, averaging 98,600 t/y of HPMSM and 14,890 t/y of high-purity electrolytic manganese metal.
The Chvaletice project in the Czech Republic is the only sizeable, classified resource of manganese in the European Union. The project entails re-processing manganese…
