Euro Manganese signed a non-binding offtake term sheet with 6K Energy for high-purity manganese from its Czech project, targeting North American battery supply chains. Demo plant volumes expected in 2028.
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Euro Manganese has signed a non-binding offtake term sheet with 6K Energy, a US producer of cathode active materials. The deal covers high-purity electrolytic manganese metal from the Chvaletice project in the Czech Republic.
6K Energy tested and preliminarily qualified the manganese produced at Euro Manganese's demonstration plant before the term sheet was signed, the companies said. Initial HPEMM volumes from the demo plant are expected in 2028, ahead of first commercial production.
CEO Martina Blahova said the technical milestone validated the material's quality for advanced battery applications. The proposed offtake would position Chvaletice as a traceable source of high-purity manganese for North American battery and advanced-manufacturing supply chains, she said.
Blahova also pointed to the project's planned ability to produce both HPEMM and high-purity manganese sulphate, giving customers flexibility across manufacturing processes. The companies agreed to evaluate broader opportunities involving Euro Manganese products and their potential use within 6K Energy's business.
The term sheet follows 6K Energy's successful testing and preliminary qualification of high-purity manganese produced at Euro Manganese's demonstration plant. 6K Energy is a leading US-based producer of advanced cathode active materials.
Blahova said the proposed offtake represents an important step in establishing Chvaletice as a secure and traceable source of high-purity manganese for North American battery and advanced-manufacturing supply chains. The companies have also agreed to evaluate broader opportunities involving the company's products and their potential use within 6K Energy's business.
EMN traded at 8.5¢ before the open, giving it a market cap of about $12 million.
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