Euro Manganese’s Chvaletice Project Designated a Strategic Project under the EU’s Critical Raw Materials Act

Core Viewpoint - Euro Manganese Inc. has announced that its Chvaletice Manganese Project has been designated a Strategic Project under the EU's Critical Raw Materials Act, enhancing its role in the European raw materials value chain and facilitating access to funding and expedited permitting processes [1][3][6]. Strategic Project Designation - The designation allows access to guidance and potential funding from various sources, including the European Investment Bank and the European Bank for Reconstruction and Development [3][9]. - Strategic Project status ensures that permitting processes adhere to deadlines set in the CRMA, reducing scheduling risks associated with permitting [3][9]. Importance of the CRMA - The CRMA, effective since May 2024, identifies high-purity manganese as a strategic raw material and manganese as a critical raw material, aiming to enhance the EU's supply security and diversify sources [4][9]. - The Chvaletice Project is positioned to significantly contribute to the EU's strategic and critical raw material supply independence [9]. Recent Approvals and Developments - In March 2024, the Czech Ministry of Environment approved the Environmental and Social Impact Assessment for the Chvaletice Project [5]. - The Company secured the Determination of Mining Lease permit in January 2025, marking a significant step towards full permitting [5]. - The Czech government declared the Chvaletice Manganese Deposit as strategic in March 2025 [5]. Company Vision and Goals - The Interim CEO of Euro Manganese emphasized the commitment to becoming the sole integrated European producer of high-purity manganese, essential for the transition to a greener economy [6]. - The Company aims to establish a sustainable and climate-friendly battery value chain in Europe [6][8]. Project Overview - The Chvaletice Project involves a unique waste-to-value recycling initiative, reprocessing old tailings from a decommissioned mine, and is the only sizable manganese resource in the EU [8]. - This positions the Company to support battery supply chains with critical raw materials, contributing to a circular, low-carbon economy [8].