Euro Manganese Announces Positive Preliminary Economic Assessment

Original announcement by tmx on

Company
Euro Manganese Inc.
Ticker
EMN
Exchange
TSX
Region
Czech Republic
Primary commodity
Manganese
Secondary commodities
Magnesium
Document categories
Resource update, Metallurgy, Other
Extracted
2026-08-20 23:05:54 UTC

Analysis by Minestarters Atlas

Minestarters Atlas analysis

Summary

Euro Manganese announced a positive Preliminary Economic Assessment (PEA) for its Chvaletice Manganese Project in the Czech Republic, highlighting robust economics with a post-tax NPV of $492.1 million and an IRR of 13.8%. The PEA incorporates improved manganese recoveries of 60% for HPMSM and 61% for HPEMM, reflecting additional metallurgical test work and demonstration plant learnings. The project also benefits from a phased development strategy, reduced operating costs, and the inclusion of magnesium carbonate as a valuable by-product, positioning it as a strategic source of battery-grade manganese for the EU and US markets.

Reasoning: The Preliminary Economic Assessment (PEA) demonstrates strong project economics with robust returns (post-tax NPV of $492.1M, IRR of 13.8%), significantly improved manganese recoveries (60-61%), and reduced operating costs. The project benefits from a phased development strategy and the inclusion of magnesium as a valuable by-product, positioning it as a strategic and de-risked source of battery-grade manganese for the EU and US markets, despite being a preliminary assessment with no defined reserves.

Positive factors

  • Robust Returns
  • Higher Recoveries
  • Reduced OPEX
  • Phased Development
  • By-product Value
  • Strategic Importance
  • Measured Resource
  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Pilot Scale Complete
  • Recovery Improving

Negative factors

  • PEA is Preliminary
  • No Reserves Defined
  • Funding Still Required
  • Cut-off Undisclosed

Low confidence — this extraction should be reviewed alongside the original source.

Facts used in scoring: 35

Atlas analysis — Euro Manganese Inc.: Euro Manganese Announces Positive Preliminary Economic Assessment. measured 10029000 tonnes; indicated 236000 tonnes

Classification and evidence

Resource Updateneutral

Revised estimate for an existing resource — compare to prior to assess progress.

Why it applies: The document announces the results of a new Preliminary Economic Assessment (PEA) which includes an updated Mineral Resource Estimate for the Chvaletice Manganese Project.

Evidence · text

“Euro Manganese Announces Positive Preliminary Economic Assessment ... is pleased to announce the results of a new Preliminary Economic Assessment ("PEA") for the development of its Chvaletice Manganese Project”

PEA-Supportingneutral

Resource estimate prepared to support a Preliminary Economic Assessment — early-stage study.

Why it applies: The resource estimate and metallurgical test work are presented as part of a Preliminary Economic Assessment (PEA) report.

Evidence · text

“The PEA was completed by Tetra Tech Canada Inc. ("Tetra Tech"). A NI 43-101 technical report on the PEA will be filed”

Measured Resourcepositive

Highest confidence category — tonnage, grade, shape well-established from closely-spaced drilling. Basis for Proven Reserves.

Why it applies: The Mineral Resource Statement (Table 6) includes significant tonnage classified as Measured Resource for manganese and magnesium.

Evidence · table

“MEASURED”

Context: 10,029,000

Indicated Resourcepositive

Reasonable geological confidence based on adequate drilling; continuity can be assumed. Basis for Probable Reserves.

Why it applies: The Mineral Resource Statement (Table 6) includes tonnage classified as Indicated Resource for manganese and magnesium.

Evidence · table

“INDICATED”

Context: 236,000

QP/CP Signedpositive

Qualified Person (QP) or Competent Person (CP) named and signed off — a member of a recognized professional association (e.g., AusIMM, SME, AIG, P.Geo) with relevant experience.

Why it applies: The news release states that the mineral resources are underpinned by estimates prepared by Competent Persons and Qualified Persons, and lists several QPs/CPs from Tetra Tech.

Evidence · text

“All production targets for the Chvaletice Manganese Project referred to in this news release are underpinned by estimated Measured and Indicated Mineral Resources prepared by Competent Persons and Qualified Persons in accordance with the requirements of the JORC Code and NI 43 - 101, respectively.”

JORC Compliantpositive

Resource estimate prepared in compliance with JORC Code (Australia) — high reporting standard.

Why it applies: The resource estimate is stated to be in accordance with the requirements of the JORC Code.

Evidence · text

“All production targets for the Chvaletice Manganese Project referred to in this news release are underpinned by estimated Measured and Indicated Mineral Resources prepared by Competent Persons and Qualified Persons in accordance with the requirements of the JORC Code and NI 43 - 101, respectively.”

NI 43-101 Compliantpositive

Resource estimate prepared in compliance with NI 43-101 (Canada) — high reporting standard.

Why it applies: The resource estimate is stated to be in accordance with the requirements of NI 43-101.

Evidence · text

“All production targets for the Chvaletice Manganese Project referred to in this news release are underpinned by estimated Measured and Indicated Mineral Resources prepared by Competent Persons and Qualified Persons in accordance with the requirements of the JORC Code and NI 43 - 101, respectively.”

Cut-off Undisclosednegative

High-grade interval reported without stating the cut-off grade used for compositing.

Why it applies: The document explicitly states that a cut-off grade has not been applied to the block model for the resource statement, making direct comparison to other resources difficult.

Evidence · text

“A cut-off grade has not been applied to the block model.”

Recovery Improvingpositive

Recovery improved versus a like-for-like prior test program on the same domain and route.

Why it applies: The highlights section explicitly mentions 'Higher Recoveries' reflecting additional metallurgical test work and process engineering updates.

Evidence · text

“Higher Recoveries, 60% for High-Purity Manganese Sulphate Monohydrate (HPMSM) and 61% for High Purity Manganese Metal (HPEMM), reflecting additional metallurgical test work, operational learnings from the demonstration plant, and process engineering updates.”

Pilot Scale Completepositive

Pilot or demonstration plant testing completed under continuous operation.

Why it applies: The document refers to 'demonstration plant learnings' and 'three semi-continuous pilot plant runs' indicating advanced test work.

Evidence · text

“Higher Recoveries, 60% for High-Purity Manganese Sulphate Monohydrate (HPMSM) and 61% for High Purity Manganese Metal (HPEMM), reflecting additional metallurgical test work, operational learnings from the demonstration plant, and process engineering updates.”

Byproduct Commodityneutral

The tested commodity is a byproduct rather than the primary economic driver.

Why it applies: Magnesium carbonate is explicitly described as a by-product that adds incremental value to the project.

Evidence · text

“Newly incorporated magnesium carbonate ("MgCO 3 ") resource as a by-product enables production of up to 20,000 tpa MgCO 3 , adding incremental value with minimal capital.”

Extracted facts

Stored fact records: 35. Some facts used in scoring do not have a stored record.

Resource Estimates (35)

measuredChvaletice Manganese Project · manganeseTonnes: 10029000Grade: 7.95Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
10029000
Grade
7.95
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for total manganese in Tailings Cell #1, supporting the project's economic viability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.95”

Context: 10,029,000

measuredChvaletice Manganese Project · manganeseTonnes: 10029000Grade: 6.49Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
10029000
Grade
6.49
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for soluble manganese in Tailings Cell #1, indicating good extractability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“6.49”

Context: 10,029,000

measuredChvaletice Manganese Project · magnesiumTonnes: 10029000Grade: 0.95Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
10029000
Grade
0.95
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Measured Resource for magnesium as a by-product in Tailings Cell #1, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“0.95”

Context: 10,029,000

indicatedChvaletice Manganese Project · manganeseTonnes: 236000Grade: 8.35Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
236000
Grade
8.35
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for total manganese in Tailings Cell #1, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“8.35”

Context: 236,000

indicatedChvaletice Manganese Project · manganeseTonnes: 236000Grade: 6.67Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
236000
Grade
6.67
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for soluble manganese in Tailings Cell #1, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“6.67”

Context: 236,000

indicatedChvaletice Manganese Project · magnesiumTonnes: 236000Grade: 1.09Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
236000
Grade
1.09
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for magnesium as a by-product in Tailings Cell #1, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.09”

Context: 236,000

measuredChvaletice Manganese Project · manganeseTonnes: 12201000Grade: 6.79Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
12201000
Grade
6.79
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for total manganese in Tailings Cell #2, supporting the project's economic viability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“6.79”

Context: 12,201,000

measuredChvaletice Manganese Project · manganeseTonnes: 12201000Grade: 5.42Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
12201000
Grade
5.42
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for soluble manganese in Tailings Cell #2, indicating good extractability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.42”

Context: 12,201,000

measuredChvaletice Manganese Project · magnesiumTonnes: 12201000Grade: 1.11Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
12201000
Grade
1.11
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Measured Resource for magnesium as a by-product in Tailings Cell #2, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.11”

Context: 12,201,000

indicatedChvaletice Manganese Project · manganeseTonnes: 189000Grade: 7.22Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
189000
Grade
7.22
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for total manganese in Tailings Cell #2, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.22”

Context: 189,000

indicatedChvaletice Manganese Project · manganeseTonnes: 189000Grade: 5.3Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
189000
Grade
5.3
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for soluble manganese in Tailings Cell #2, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.30”

Context: 189,000

indicatedChvaletice Manganese Project · magnesiumTonnes: 189000Grade: 1.27Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
189000
Grade
1.27
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for magnesium as a by-product in Tailings Cell #2, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.27”

Context: 189,000

measuredChvaletice Manganese Project · manganeseTonnes: 4265000Grade: 7.35Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
4265000
Grade
7.35
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for total manganese in Tailings Cell #3, supporting the project's economic viability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.35”

Context: 4,265,000

measuredChvaletice Manganese Project · manganeseTonnes: 4265000Grade: 5.63Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
4265000
Grade
5.63
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High-confidence Measured Resource for soluble manganese in Tailings Cell #3, indicating good extractability, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.63”

Context: 4,265,000

measuredChvaletice Manganese Project · magnesiumTonnes: 4265000Grade: 0.96Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
4265000
Grade
0.96
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Measured Resource for magnesium as a by-product in Tailings Cell #3, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“0.96”

Context: 4,265,000

indicatedChvaletice Manganese Project · manganeseTonnes: 39000Grade: 7.9Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
39000
Grade
7.9
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for total manganese in Tailings Cell #3, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.90”

Context: 39,000

indicatedChvaletice Manganese Project · manganeseTonnes: 39000Grade: 5.89Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
39000
Grade
5.89
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for soluble manganese in Tailings Cell #3, contributing to the overall resource, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.89”

Context: 39,000

indicatedChvaletice Manganese Project · magnesiumTonnes: 39000Grade: 0.95Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
39000
Grade
0.95
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for magnesium as a by-product in Tailings Cell #3, adding incremental value, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“0.95”

Context: 39,000

measuredChvaletice Manganese Project · manganeseTonnes: 26496000Grade: 7.32Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
26496000
Grade
7.32
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Significant high-confidence Measured Resource for total manganese, forming the bulk of the project's resource base, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.32”

Context: 26,496,000

measuredChvaletice Manganese Project · manganeseTonnes: 26496000Grade: 5.86Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
26496000
Grade
5.86
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Significant high-confidence Measured Resource for soluble manganese, indicating good extractability for the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.86”

Context: 26,496,000

measuredChvaletice Manganese Project · magnesiumTonnes: 26496000Grade: 1.02Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
measured
Tonnes
26496000
Grade
1.02
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Measured Resource for magnesium as a by-product, adding incremental value to the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.02”

Context: 26,496,000

indicatedChvaletice Manganese Project · manganeseTonnes: 464000Grade: 7.85Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
464000
Grade
7.85
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for total manganese, contributing to the overall resource base, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.85”

Context: 464,000

indicatedChvaletice Manganese Project · manganeseTonnes: 464000Grade: 6.05Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
464000
Grade
6.05
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for soluble manganese, contributing to the overall resource base, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“6.05”

Context: 464,000

indicatedChvaletice Manganese Project · magnesiumTonnes: 464000Grade: 1.15Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
464000
Grade
1.15
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Indicated Resource for magnesium as a by-product, adding incremental value to the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.15”

Context: 464,000

indicatedChvaletice Manganese Project · manganeseTonnes: 26960000Grade: 7.33Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
26960000
Grade
7.33
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Combined Measured and Indicated Resource for total manganese, representing a high-confidence resource base for the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“7.33”

Context: 26,960,000

indicatedChvaletice Manganese Project · manganeseTonnes: 26960000Grade: 5.86Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
26960000
Grade
5.86
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Combined Measured and Indicated Resource for soluble manganese, representing a high-confidence resource base for the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant

Negative factors

  • Cut-off Undisclosed

Evidence · table

“5.86”

Context: 26,960,000

indicatedChvaletice Manganese Project · magnesiumTonnes: 26960000Grade: 1.15Grade Unit: %View all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Resource Data

Category
indicated
Tonnes
26960000
Grade
1.15
Grade Unit
%

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Combined Measured and Indicated Resource for magnesium as a by-product, adding incremental value to the project, though the resource cut-off is not explicitly applied.

Positive factors

  • Indicated Resource
  • Measured Resource
  • QP/CP Signed
  • JORC Compliant
  • NI 43-101 Compliant
  • Byproduct Commodity

Negative factors

  • Cut-off Undisclosed

Evidence · table

“1.15”

Context: 26,960,000

Fact 28Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High overall manganese recovery to HPEMM, reflecting improved metallurgical test work and demonstration plant learnings.

Positive factors

  • Recovery Improving
  • Pilot Scale Complete

Evidence · table

“61.0%”

Context: Overall Mn in HPEMM recovery

Fact 29Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: High overall manganese recovery to HPMSM, reflecting improved metallurgical test work and demonstration plant learnings.

Positive factors

  • Recovery Improving
  • Pilot Scale Complete

Evidence · table

“60.0%”

Context: Overall Mn in HPMSM recovery

Fact 30Chvaletice Manganese Project · magnesiumView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Moderate recovery for magnesium as a valuable by-product, adding incremental value to the project.

Positive factors

  • Pilot Scale Complete
  • Byproduct Commodity

Evidence · table

“46.0%”

Context: Overall Mg in Magnesium Carbonate Recovery

Fact 31Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Strong recovery for manganese during the magnetic separation stage, contributing to overall project efficiency.

Positive factors

  • Pilot Scale Complete

Evidence · text

“Magnetic separation: 82.1 to 90.1% tMn, averaging 86.1% tMn.”
Fact 32Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Moderate recovery for manganese during the leaching stage, a key step in the process.

Positive factors

  • Pilot Scale Complete

Evidence · text

“Leaching recovery: 75% tMn.”
Fact 33Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Very high recovery for manganese during the purification and electrowinning stage, indicating efficient metal extraction.

Positive factors

  • High Recovery
  • Pilot Scale Complete

Evidence · text

“Purification & Electrowinning: 94.6% tMn.”
Fact 34Chvaletice Manganese Project · manganeseView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
manganese
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Exceptional recovery for manganese during the conversion of HPEMM to HPMSM, demonstrating high efficiency in the final product stage.

Positive factors

  • High Recovery
  • Pilot Scale Complete

Evidence · text

“HPEMM to HPMSM: 98.4% tMn.”
Fact 35Chvaletice Manganese Project · magnesiumView all details
Link to this fact

Identity

Project
Chvaletice Manganese Project
Commodity
magnesium
Region
czech republic
Reported Region
Czech Republic
Ticker
EMN

Review

Needs Review
No
Historical
No

Dates

Event date
2026-05-14T00:00:00.000Z

Reasoning: Moderate recovery for magnesium as a valuable by-product, adding incremental value to the project.

Positive factors

  • Pilot Scale Complete
  • Byproduct Commodity

Evidence · text

“A process recovery of 45% was used for the estimates.”

How Atlas produces this analysis

Minestarters Atlas uses automated extraction to summarize mining announcements, identify reported measurements, and classify supporting evidence. Sentiment reflects the extracted narrative and classification rules; it is an interpretation, not a reported measurement. Evidence quotes and context are provided where available. Missing data, low-confidence results, and review flags indicate limitations. Check the original publisher announcement before relying on an interpretation.