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Euro Manganese reinforces its ESG credentials with latest project report


Euro Manganese [ASX:EMN] TSXV:EMN has submitted the final Environmental and Social Impact Assessment for its Chvaletice Manganese Project to the Ministry of Environment in the Czech Republic and it has published its inaugural 2022 Sustainability Report.

The Chvaletice Project is poised to become Europe’s only primary producer of high-purity manganese products with excellent ESG credentials, serving the rapid growth of the EV battery market. It is designed to meet the Czech Republic’s and European Union’s strict environmental, health and safety standards.

Euro Manganese is a battery materials company focused on becoming a leading, competitive, and environmentally superior producer of high-purity manganese for the electric vehicle industry and other high-technology applications. The Chvaletice Manganese Project is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine.

Listen: Podcast with Marco Romero, former CEO/Founder of Euro Manganese

The only sizable resource of manganese in Europe

The project is the only sizable resource of manganese in Europe, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.

The ESIA is the main step in the project’s environmental permitting process. The Sustainability Report outlines material issues for the business and its stakeholders.

The ESIA builds on the preliminary ESIA which was reviewed by the Czech Ministry of Environment in 2020. The ESIA takes outputs from both the preliminary ESIA and the Chvaletice Feasibility Study, announced in July 2022, as inputs to the compilation of many environmental and social impact assessments, including but not limited to dispersion studies, acoustic studies and impact on human health studies.

Euro Manganese says it has also proactively engaged with and briefed many of the relevant authorities and stakeholders on the project details. Feedback received from stakeholders has been built into the final ESIA submission.

After a significant amount of work, Euro Manganese says it is confident in the quality of the studies and in meeting the criteria set out by Czech regulation for a successful ESIA. The approval process is anticipated to take approximately six months.

Leading the way for sustainable production of high-purity manganese

The Sustainability Report for 2022 outlines how Euro Manganese is leading the way for sustainable production of high-purity manganese for the electric vehicle industry. It is based on the material environmental, social and governance issues that matter to Euro Manganese and its stakeholders. The report also defines the company’s purpose, vision and values, and details its business model that is designed to deliver long-term value for stakeholders.

“The team has worked incredibly hard to ensure both the ESIA and the Sustainability Report are of the highest quality and include extensive consultation with local communities and other stakeholders who provided invaluable input to both documents,” explained Dr. Matthew James, President & CEO of Euro Manganese. “The project embodies strict and very high environmental, health, safety and social standards, and is positive for the environment, local community and the Czech Republic. Environmental protection and stewardship remain front and centre in our company and in the design of this project.”

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This article does not constitute investment advice. Make sure you do your own research or consult a professional advisor.

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