Giyani Metals Corp (TSX-V:EMM, OTC:CATPF) CEO Charles FitzRoy talked with Proactive's Stephen Gunnion about the company's advancements in developing battery-grade manganese projects in Botswana. FitzRoy highlighted the commissioning of the demonstration plant in Johannesburg, capable of producing up to 600 kilograms per day of high-purity manganese sulfate monohydrate. This critical material is used in NMC electric vehicle batteries, aligning with growing global demand driven by policies like the US Inflation Reduction Act and the EU Critical Materials Act.
He explained that the demonstration plant serves as a key phase for securing offtake agreements with OEMs. Testing will start in early 2024, with the first product batches leading to indicative terms by Q2. FitzRoy emphasised Giyani's strategic positioning to meet increasing demand for battery-grade manganese by 2027-2028, leveraging Botswana’s favourable mining environment and the country's efforts to diversify its economy.
“Botswana is a fantastic place to develop projects,” FitzRoy said, noting the country’s quick approvals and focus on critical metals.