| Project Detail |
The project entails the construction of a first-of-a-kind commercial scale recycling plant to reprocess of fine-grained tailings material from a decommissioned mine, to produce high-purity battery grade manganese.
Objectives
The European Commission has identified both battery-grade manganese and manganese as Strategic Raw Material and "Critical Raw Material", being highly relevant not only for the green and digital transitions, but also for the strategic technologies and sectors. In this context, the project represents an important circular economy based source of high purity manganese and will supply the battery value chain with a key raw material that is largely imported, increasing the EUs resilience. The project will also include multiple environmental benefits from the remediation of the historic tailings area, particularly in terms of soil quality and freshwater quality.
Sector(s)
Industry - Manufacturing
Proposed EIB finance (Approximate amount)
not disclosed
Total cost (Approximate amount)
not disclosed |
