Star Minerals Claiming a Spot in the Manganese Space
InvestorIntel published a report on Star Minerals Group Ltd. (CSE:SUN), which it describes as “the rising star in the manganese battery space.”
InvestorIntel published a report on Star Minerals Group Ltd. (CSE:SUN), which it describes as “the rising star in the manganese battery space.”
The report concludes:
The management team at Star are undertaking the increasingly common task these days of ‘turning the supertanker’ with a morphing from a Rare Earths company into a manganese (and technology metals) company. At least the Hoidas Lake REE asset is not one that is too advanced or that has had too much effort expended upon it. It can sit in the freezer a bit longer without too much harm being done.
With American Manganese preserved in aspic there was a space for a North American producer of Manganese (particularly Electrolytic Manganese) and Star have clear decided to move into the space elbowing AMY to the side. Management at Star must also be breathing a sigh of relief at moving into a metal where the metallurgy is an order of magnitude simpler than the REE space they have left behind.
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