Electric Metals raised C$4.1 million to advance its Emily Manganese Project in Minnesota, aiming to supply high-purity manganese for U.S. EV batteries. A PEA is near completion, with a full feasibility study to follow, covering both the mine and a processing facility. The company supports the U.S. review of critical mineral imports, emphasizing the importance of domestic production, and is pursuing acquisitions to strengthen local supply chains.
About Electric Metals (USA) Limited
Electric Metals (USA) Limited (TSXV: EML) (OTCQB: EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company’s principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports – Resource Estimates. The Company’s mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company’s shareholders.
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