Euro Manganese Signs Offtake Term Sheet With Integrals Power
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Wedoany.com Report-Jun 23, Euro Manganese has entered into an offtake term sheet with UK-based Integrals Power to supply high-purity manganese sulphate monohydrate (HPMSM) from its Chvaletice Manganese Project in the Czech Republic. The agreement focuses on providing materials for next-generation lithium manganese iron phosphate (LMFP) batteries, essential for electric vehicles and grid-scale energy storage.

The initial test work to assess compatibility and performance is scheduled for Q3 2025.

The seven-year supply deal, with options for renewal, will commence with the first commercial production from the Chvaletice Project. Pricing will align with market indicators and include a cost-sharing arrangement for initial compatibility testing, scheduled for the third quarter of 2025.

Euro Manganese CEO Martina Blahova stated: “We are excited to partner with Integrals Power to advance new battery technologies. IPL’s innovative cathode materials are at the forefront of the global transition towards safer, more sustainable and cost-effective battery solutions and are designed to support a wide range of applications. We look forward to supplying fully traceable, responsibly produced products that enhance energy efficiency and drive emissions reduction.”

Integrals Power, a specialist in advanced battery nanomaterials, will integrate Euro Manganese’s HPMSM into its LMFP cathode materials to meet the growing demand for high-performance batteries. CEO Behnam Hormozi commented: “Our collaboration with Euro Manganese is a major step forward in securing a reliable, traceable and local supply of high-purity manganese – a key ingredient in our LMFP cathode materials. This partnership enhances Integrals Power’s ability to scale cathode production sustainably while supporting the growing demand for high-performance battery technologies across UK and Europe.”

The partnership strengthens the LMFP battery supply chain, supporting sustainable energy solutions in the UK and Europe. Euro Manganese recently secured $8 million in financing, approved by shareholders on May 15, 2025, to advance the Chvaletice Project through a private placement and share purchase plan.

This collaboration highlights a commitment to building a resilient, transparent supply chain, fostering innovation in battery technology, and contributing to the global energy transition.

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