Euro Manganese Inc (ASX:EMN, TSX-V:EMN, OTCQX:EUMNF) President and CEO Dr Matthew James joins Proactive's Stephen Gunnion with the latest on the Chvaletice Project in the Czech Republic as the company positions itself for the push towards manganese rich batteries for the electric vehicle industry.
Following the release of a positive feasibility study in July, James says Chvaletice demonstrated positive results from a life-cycle assessment (LCA) study comparing the global warming potential of its high-purity manganese products with those produced by the incumbent industry in China.
Latest financial results also reveal $20 million in the bank and James says the company is focused on delivering a project finance package for Chvaletice.