Euro Manganese and Blue Grass Chemical Ink Offtake Agreement for High-Purity Manganese

Blue Grass Chemical

Strategic Partnership to Boost U.S. Supply Chains

Euro Manganese, a specialty manganese products developer listed in both Australia and Canada, has successfully secured its second offtake agreement this month. The company announced yesterday that it will supply high-purity electrolytic manganese metal (HPEMM) from its Chvaletice project in the Czech Republic to U.S.-based specialty chemicals producer, Blue Grass Chemical. This agreement marks another milestone for Euro Manganese as it continues to solidify its presence in the global manganese market.

Chvaletice Project: A Sustainable Approach to Manganese Production

The Chvaletice Project, a unique recycling initiative by Euro Manganese, focuses on reprocessing old tailings from a decommissioned mine. Recently, the company completed the commissioning of its plant, which boasts a capacity to produce 32 kg/day of HPEMM and 100 kg/day of high-purity manganese sulfate metal (HPMSM). This innovative project not only addresses the demand for sustainable manganese production but also contributes to the circular economy by utilizing previously discarded resources.

Offtake Agreement Details and Future Deliveries

The newly signed offtake agreement between Euro Manganese and Blue Grass Chemical is set to cover a portion of Chvaletice’s HPEMM output. Deliveries are expected to commence as soon as Chvaletice begins production, contingent upon Blue Grass Chemical's successful supply-chain qualification. This partnership highlights the growing demand for high-purity manganese products, driven in part by companies seeking to align with the U.S. Investment Reduction Act's compliant supply chains.

Rising Demand and Future Prospects

As the market for high-purity manganese continues to expand, Euro Manganese is seeing increased interest in its HPEMM. Earlier this month, on August 19, the company signed a non-binding offtake agreement with Wildcat Discovery Technologies, a U.S.-based battery technology developer. This series of agreements underscores Euro Manganese's strategic positioning within the global supply chain for critical minerals, particularly in response to evolving regulatory and market demands.