Establish Strategic Offtake Partnership: Euro Manganese and Blue Grass Chemical

Chvaletice Project Set to Play Key Role in U.S. Supply Chains

In a significant development for global supply chains, Euro Manganese, an Australian and Canadian company focused on high-purity manganese products, has signed its second offtake agreement this August. This deal involves supplying high-purity electrolytic manganese metal (HPEMM) from the Chvaletice project in the Czech Republic to Blue Grass Chemical, a prominent U.S. specialty chemicals producer.

Chvaletice Project: A Pioneering Recycling Effort

The Chvaletice project is more than just a mining venture; it serves as an innovative recycling initiative. Euro Manganese aims to reprocess old tailings from a defunct mine, converting waste into valuable materials. With the successful commissioning of its plant, the project now produces 32 kilograms per day of HPEMM and 100 kilograms per day of high-purity manganese sulfate metal (HPMSM), showcasing its commitment to sustainability and environmental stewardship.

Binding Offtake Agreement and Market Impact

The newly established binding offtake agreement with Blue Grass Chemical is expected to cover a substantial share of Chvaletice’s HPEMM output. Deliveries will begin once the project reaches full production and meets Blue Grass Chemical’s rigorous supply-chain standards. This partnership underscores the rising demand for Euro Manganese’s products, especially as companies aim to align with the U.S. Investment Reduction Act by ensuring sustainable and dependable supply chains.

Growing Demand for High-Purity Manganese

The demand for Euro Manganese’s HPEMM is increasing due to its compliance with new regulatory standards and its vital role in advanced technology production. Earlier in August, Euro Manganese also entered a non-binding offtake agreement with Wildcat Discovery Technologies, a U.S.-based battery technology innovator. These agreements position Euro Manganese as a crucial player in the high-purity manganese market, essential for the future of energy storage and specialty chemicals.