Euro Manganese, Inc. (TSE:EMN) has released an update.
Euro Manganese Inc. has signed a non-binding offtake term sheet with Wildcat Discovery Technologies to supply high-purity manganese for a new U.S.-based plant focused on producing cobalt/nickel-free cathodes for electric vehicle batteries. The deal, which marks a significant step for Euro Manganese’s Chvaletice Manganese Project, is set to last seven years with the potential for extension and is an important move towards securing North American supply chains.
For further insights into TSE:EMN stock, check out TipRanks’ Stock Analysis page.
