Prague, Czech Republic – March 20, 2025 – The Czech Government has officially designated Euro Manganese’s Chvaletice manganese project as a strategic deposit under recent amendments to the Czech Mining Act, signaling the nation’s commitment to securing a reliable supply of this crucial raw material.
This designation comes as the European Union seeks to strengthen its domestic supply chains for critical minerals, essential for electric vehicle batteries, renewable energy technologies, and various industrial applications.
The Chromete Deposit at Chvaletice holds significant reserves of manganese, a metal vital for both the burgeoning green energy sector and traditional industries.
“This is a significant milestone for Euro Manganese, and we appreciate the support and recognition of the importance of the Chvaletice manganese project,” said Martina Blahova, interim CEO of Euro Manganese. “This designation is a major catalyst for our development timeline and reflects the crucial role our project plays in establishing secure, sustainable raw material supply chains within the Czech Republic”.
The strategic designation of the project is expected to significantly accelerate the permitting process with expedited approvals and streamlined bureaucracy. This will allow Euro Manganese to move forward with development more efficiently and meet the growing demand for manganese.
Moreover, the classification unlocks access to potential state investment incentives, including grants, which will further bolster the project’s financial sustainability.
This move signifies the Czech Republic’s proactive approach to addressing potential supply chain disruptions and securing its position in the growing global market for critical minerals.
“The Chvaletice project is a prime example of how responsible mining can contribute to economic growth, energy independence, and the transition to a more sustainable future,” added Blahova.
The company, which received Environmental and Social Impact Assessment approval in March 2024 and the Determination of Mining Lease permit in January 2025, is now well-positioned to bring this vital project online.