Euro Manganese partners with Integrals Power to supply high-purity manganese for next-gen batteries

From Yahoo Finance.: 2025-06-20 10:52:00

Euro Manganese has signed an offtake term sheet with Integrals Power to supply high-purity manganese sulphate for next-generation lithium manganese iron phosphate (LMFP) batteries from the Chvaletice Manganese Project in the Czech Republic. The collaboration strengthens the LMFP battery supply chain crucial for electric vehicles and grid-scale storage. The seven-year supply agreement includes pricing reflecting market indicators and a cost-sharing arrangement for initial test work. Euro Manganese CEO Martina Blahova is excited about the partnership with Integrals Power to advance new battery technologies. Integrals Power plans to incorporate Euro Manganese’s High Purity Manganese Sulphate Monohydrate into its LMFP cathode materials. Initial test work to assess compatibility and performance is scheduled for Q3 2025. Integrals Power CEO Behnam Hormozi sees the collaboration as a step forward in securing a reliable, traceable, and local supply of high-purity manganese for LMFP cathode materials. Euro Manganese recently secured an $8m financing package to develop the Chvaletice Project, approved by shareholders on May 15, 2025, including a private placement and contributions from a share purchase plan.



Read more at Yahoo Finance.: Euro Manganese signs offtake term sheet with Integrals Power