Euro Manganese, Inc. (TSE:EMN) has released an update.
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Euro Manganese Inc. has signed a non-binding offtake term sheet with Wildcat Discovery Technologies to supply high-purity manganese for a new U.S.-based plant focused on producing cobalt/nickel-free cathodes for electric vehicle batteries. The deal, which marks a significant step for Euro Manganese’s Chvaletice Manganese Project, is set to last seven years with the potential for extension and is an important move towards securing North American supply chains.
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