Join our daily newsletter At The Bell to receive exclusive market insights
- Euro Manganese’s (EMN) has cleared the first round of environmental approvals for its Chvaletice Manganese project in the Czech Republic
- The six month preliminary environmental screening has been approved by the Czech Ministry of the Environment after key stakeholders provided feedback on the project
- Next steps towards getting the manganese project off the ground will be addressing inputs raised by stakeholders via a final environmental impact assessment, which is set for completion towards the end of 2021
- The Chvaletice Manganese project aims to recycle waste from a decommissioned mine to produce manganese products for electric vehicle batteries
- EMN shares are up a solid 4.86 per cent following the approval, trading at 75.5 cents each
Euro Manganese’s (EMN) has cleared the first round of environmental approvals for its Chvaletice Manganese project in the in the Czech Republic.
The six-month preliminary environmental screening has been approved by the Czech Ministry of the Environment, allowing EMN to push towards a definitive feasibility study targeted for the end of this year.
The Chvaletice Manganese project aims to recycle waste from a decommissioned mine in the Czech Republic to produce ultra-high-purity manganese products for electric vehicle batteries.
Key stakeholders such as government bodies, public agencies and regional and local authorities and community members were invited to offer their input on the project and its potential environmental impact.
Follow-ups from the submissions predominately related to increased vehicle traffic and noise, potential impacts to air and water quality, and the project’s proximity to a nearby historic site.
Next steps for the company will be to address these environmental concerns in a final environmental impact assessment, which EMN says it anticipates completing by the end of this year.
Euro Manganese Chief Executive Officer, Marco Romero says he is appreciative of inputs received from stakeholders and is confident the company address their concerns.
“We are pleased with the outcome of this important step in the Chvaletice Manganese Project’s permitting process,” he stated.
“Following more than four years of environmental baseline and impact
studies, process design and engineering, we purposely provided much more detailed information to the public and regulators about our project than is normally required at this stage of the permitting process,” he explained.
In concurrent news, Euromanganese says the procurement and development of the project’s demonstration plant is on track, projecting a July 2021 completion date.
EMN shares are up a solid 4.86 per cent following the approval, trading at 75.5 cents each at 12:01 pm AEDT.
