Euro Manganese releases positive economics for Chvaletice project. The Czech Republic manganese operation delivered a post-tax net present value of $492 million with an internal rate of return of 13.8% and a 7.3-year payback period. The phased development strategy reduces upfront capital requirements, with Phase 1 requiring $627.5 million for 50% capacity and Phase 2 expansion at $197.8 million. The project targets 150,000 tonnes annually of high-purity manganese sulphate, processing historical tailings over a 26-year operating life. A full feasibility study is expected by mid-2027. Improved metallurgical recoveries of 60% for HPMSM support the project's economic viability in the growing battery and steel markets.
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