American Manganese Inc. (TSXV:AMY,FWB:2AM) announced that management has been reviewing the option of making Electrolytic Manganese Dioxide (EMD) separately or in conjunction with Electrolytic Manganese Metal (EMM).
As quoted in the press release:
EMD product contains on a per pound basis 60% of the manganese contained in a pound of EMM. Based on two separate operations on a 50,000 tonne per year basis the manganese required to produce 50,000 tonnes of EMD would be 30,000 tonnes of metal as compared to EMM at 50,000 tonnes of metal per year. The effect of EMD production versus EMM production is a significant reduction in the size of the footprint in both plant size and pit production.
American Manganese President and CEO Larry Reaugh said:
The patent pending manganese extraction process we develop is amenable to the production of any combination of electrolytic products: EMD, EMM or both concurrently. Furthermore, depending on the product mix it may possible to decrease the size of the processing facilities thereby reducing the capital cost of the project. Our challenge is to find the product mix that generates the best return for our shareholders. If the EMM market remains sluggish, the production of EMD could present a stronger market opportunity both now and in the future.
Click here to read the American Manganese (TSXV:AMY,FWB:2AM) press release
Click here to see the American Manganese (TSXV:AMY,FWB:2AM) profile