Euro Manganese, through its subsidiary Mangan Chvaletice, has achieved a critical milestone by obtaining the Determination of Mining Lease permit for the Chvaletice Manganese Project in the Czech Republic. The permit, effective as of January 23, 2025, was issued by the District Mining Authority and provides exclusive, unrestricted mineral extraction rights within the project area without an expiry date.
The Chvaletice Project is unique within the European Union, as it reprocesses waste tailings from a decommissioned mine into valuable manganese resources. Touted as the EU’s only sizeable manganese source, this initiative aligns with the global shift toward a low-carbon economy. It plays a pivotal role in supplying critical raw materials for battery manufacturing, supporting the continent’s green energy transition and circular economy goals.
Martina Blahova, Euro Manganese’s interim CEO, highlighted the importance of the achievement, crediting successful collaboration with regulators and local communities. She underscored the project’s contribution to advancing the production of high-purity manganese for the decarbonization of industries worldwide.
This milestone follows Euro Manganese’s November 2023 announcement of $100 million in non-dilutive financing from OMRF (BK), enabling the company to further its commitment to sustainable resource development and innovative waste-to-value processes.
