Euro Manganese has filed its NI 43-101 and JORC technical reports for the Preliminary Economic Assessment (PEA) of the Chvaletice Manganese Project in the Czech Republic. The PEA base case reports a post-tax NPV of US$492 million and a post-tax IRR of 13.8% based on an HPMSM price of US$2,888/t.
Euro Manganese announced positive Preliminary Economic Assessment (PEA) results for its Chvaletice Manganese Project in the Czech Republic, showing a post-tax NPV of $492.1 million and an IRR of 13.8% at an 8% discount rate. The PEA incorporates improved metallurgical recoveries of 60% for high-purity manganese sulphate monohydrate (HPMSM) and an updated Measured and Indicated resource of 26.96 million tonnes at 7.33% total manganese. The project benefits from significant permitting progress and a phased development strategy to reduce upfront capital and funding risk.
Euro Manganese has initiated an optimization program for its Chvaletice Manganese Project to improve commercial plant efficiencies, targeting reduced capital and operating costs. The program follows successful demonstration plant operations and aims to leverage the company's flexible metal-route process to supply high-purity manganese for the EV and energy storage markets.
