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China Leverages Electrolytic Manganese Metal Stockpile Monopoly
Nov. 02, 2011 12:58PM PST
Battery MetalsCritical Strategic Metals reported that American Manganese (TSXV:AMY) is seeking to reduce the impact of China’s EMM monopoly.
Critical Strategic Metals reported that American Manganese (TSXV:AMY) is seeking to reduce the impact of China’s EMM monopoly.
As quoted in the market news:
The company is currently seeking funds to extract 99% pure manganese from a low grade abandoned mine in Arizona. Reports indicate that the mine has over 15 billion pounds of indicated reserves and over 3.5 billion pounds of inferred reserves. The company aims to begin production in 2014.
Click here to read the full Critical Strategic Metals report.
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