VANCOUVER, British Columbia, January 4, 2023 (GLOBE NEWSWIRE) — Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQX: EUMNF; Frankfurt: E06) (the “Company” or “EMN”) has submitted its final Environmental and Social Impact Assessment (“ESIA”) for its Chvaletice Manganese Project (“Chvaletice” or “Project”) to the Ministry of the Environment of the Czech Republic and has published its first Sustainability Report 2022. Announcement (report”).
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- The project will be Europe’s only primary producer of high-purity manganese products with excellent ESG certificates, poised to contribute to the rapid growth of the EV battery market.
- The project is designed to meet the strict environmental, health and safety standards of the Czech Republic and the European Union.
- The ESIA is a key step in the project’s environmental permitting process.
- We publish our first 2022 Sustainability Report, outlining issues that matter to our business and our stakeholders.
ESIA Submission
The ESIA is based on the preliminary ESIA reviewed by the Czech Ministry of the Environment in 2020. The ESIA incorporates outputs from both the Preliminary ESIA and the Chvaletice Feasibility Study, published in July 2022, as inputs to many environmental and social impact compilations. Evaluations include, but are not limited to, distributed studies, acoustic studies, and human health impact studies (collectively, “Studies”). We have also actively engaged and briefed a number of relevant authorities and stakeholders on the details of the project. Feedback received from stakeholders is incorporated into the final ESIA submission.
After a considerable amount of work, we are confident in the quality of our research and in meeting the standards set by the Czech regulations for a successful ESIA. The approval process is expected to take approximately six months.
Publication of first sustainability report
The company has published its first sustainability report for 2022. This report outlines how Euro Manganese is leading the way in the sustainable production of high-purity manganese for the electric vehicle industry. It is based on material environmental, social and governance issues that are important to the company and its stakeholders. The report also defines the company’s purpose, vision and values, detailing its business model designed to deliver long-term value to its stakeholders.
This report was submitted to SEDAR on 23 December 2022 and to ASX on 27 December 2022. It is also featured on our company’s website (2022 Sustainability Report).
Dr. Matthew James, President and CEO of Euro Manganese,comment:
“The submission of the Environmental and Social Impact Assessment and the completion of our first Sustainability Report are significant achievements by Euro Manganese. Very hard work and extensive consultation with local communities and other stakeholders who provided valuable input into both documents.This project is a rigorous and extremely high environmental, health, safety and It embodies social standards and is good for the environment, the community and the Czech Republic.Environmental protection and stewardship will remain central to our company and the design of this project.”
About Euromanganese
Euro Manganese is a battery materials company focused on becoming a leading competitive, environmentally friendly producer of high-purity manganese for the electric vehicle industry and other high-tech applications. We are developing his Chvaletice manganese project in the Czech Republic. This is an opportunity for valuable recycling and restoration from your own waste, including reprocessing old tailings from decommissioned mines. The Chvaletice project is Europe’s only source of manganese and is strategically positioned to provide key raw materials to the battery supply chain to support the global transition to a circular low-carbon economy.
Release permission from the CEO of Euro Manganese Inc.
Neither the TSX Venture Exchange, its regulated service providers (as those terms are defined in the TSX Venture Exchange Policy) nor ASX are responsible for the adequacy or accuracy of this release.
inquiry
Dr. Matthew James
President and CEO
+44 (0)747 229 6688
Louise Burgess
Senior Director, Investor Relations & Communications
+1 (604) 312-7546
lburgess@mn25.ca
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 the actual results, performance or achievements of the Company, its Chvaletice projects or the results of the industry, which may differ from future results, performance or achievements. Includes other factors that may vary significantly. It is implied by such forward-looking statements or information. Such statements shall not include “could”, “could”, “could”, “will”, “intend”, “expect”, “believe”, “plan”, It can be identified by the use of words such as “anticipate” and “estimate”. , “scheduled,” “anticipate,” “predict,” and other similar terms, or that a particular action, event, or outcome “could,” “could,” ” It says ‘could’, ‘could’, or ‘could’. or achieved.
Such forward-looking information or statements include, but are not limited to, statements regarding our intentions with respect to the development of the Chvaletice project, the admissibility of the ESIA by the Czech Ministry of the Environment and the expected timing of its approval. It will not be. We were looking forward to the positive impact of the project and the ability of our company to become Europe’s only primary producer of high-purity manganese products.
Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that could cause our actual results to differ materially from those set forth in the forward-looking statements. There is no guarantee that they will have the expected results or impact on the Company.
Factors that could cause actual results or events to differ materially from current expectations include, among others: risks and uncertainties associated with our ability to obtain, amend or maintain any necessary licenses or permits; risks associated with obtaining a right to surface; Timing and volume of production and total cost of production. the possibility of unknown or unforeseen events that may cause the terms of the contract to not be met; risks and uncertainties associated with the accuracy of mineral resource and reserves estimates; and project parameters will change as plans continue to be refined. Risks associated with global epidemics or pandemics and other health crises, including the effects of coronavirus (COVID-19). Availability and productivity of skilled workers. risks and uncertainties associated with production interruptions; unforeseen technical and engineering problems; civil unrest or war; the possibility that future results will not match our expectations; Development of EV battery market and chemistry. Risk related to exchange rate fluctuations and changes in laws and regulations. and regulation by various government agencies. For more information on the risks associated with the Company, please see “Risk Factors” in the Company’s Annual Information Form for the year ended September 30, 2022, available in his SEDAR profile of the Company at www.sedar.com. please refer to.
All forward-looking statements are based on our current beliefs, various assumptions made by us and information currently available to us. These assumptions generally include: The company’s ability to obtain all necessary land access rights. Company’s ability to obtain all necessary environmental and other permits. Availability of personnel, machinery, and equipment at the quoted price, in proper condition, and within the quoted delivery date. Availability of acceptable funding for the Chvaletice project and ongoing operations. Successful implementation of the proposed business in the Czech Republic and fulfillment of the demand for our products.
Although the forward-looking statements contained in this news release are based on what our management believes to be reasonable assumptions, we do not believe that actual results will match these forward-looking statements. home cannot be guaranteed. 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, we undertake no obligation to update or revise any forward-looking statements contained herein to reflect events or circumstances after the date of this news release.
