Wildcat Announces Offtake Term Sheet With Euro Manganese
Wildcat Announces Offtake Term Sheet With Euro Manganese
SAN DIEGO, Aug. 21, 2024 /PRNewswire/ -- Wildcat Discovery Technologies ("Wildcat") is pleased to announce it has entered an offtake term sheet dated August 15, 2024 (the "Term Sheet") with Euro Manganese Inc. (TSX-V and ASX: EMN; OTCQB: EUMNF; Frankfurt: E06) (the "Company" or "EMN"), for the purchase of high-purity manganese product from the Company's Chvaletice Manganese Project ("Chvaletice" or the "Project") in the Czech Republic.
美國加州聖地亞哥,2024年8月21日/美通社/ - 野貓發現科技("野貓")很高興宣佈,已與歐元錳公司簽訂了一份日期爲2024年8月15日的認購期限協議("期限協議")(TSX-V和ASX:EMN; OTCQB:EUMNF; 法蘭克福:E06)("公司"或"EMN"),用於購買公司在捷克共和國Chvaletice錳項目("Chvaletice"或"項目")的高純度錳產品。
Highlights
亮點
- Based in San Diego, California, Wildcat partners with global leaders throughout the battery industry to align and integrate all elements of the full battery cell for optimal performance. Consistent and significant progress in Wildcat's technology has led to a focus exclusively on nickel and cobalt free cathode production. Wildcat has announced the building of a U.S.-based plant expected 2026 – 2027 to produce a portfolio of safe sustainable, and cobalt/nickel-free cathode materials for electric vehicle battery cells and other markets including stationary storage.
- Pursuant to the Term sheet, deliveries are to commence from first production, for an initial term of seven years with potential for renewal. The commencement of the initial term shall be subject to successful qualification by Wildcat of the Company's high-purity manganese product from the Chvaletice Demonstration Plant.
- The offtake tonnages increase over the seven-year term and the average annual tonnage represents a significant percentage of the Company's annual high-purity manganese product production. It is expected that pricing will be subject to market indicators, with mechanisms for increase/decrease tied to certain benchmarks.
- The Term Sheet is non-binding and contingent on Wildcat building its U.S plant, however the parties intend to enter a binding offtake agreement, in which the pricing mechanism and tonnages will be finalised, together with any other agreements necessary.
- 總部設在加利福尼亞州聖地亞哥的野貓與全球電池行業領導者合作,以實現全電池電芯的所有元素的優化性能。野貓在技術方面取得持續和顯著進展,專門致力於無鎳和鈷的正極材料生產。野貓宣佈將在美國建造一座工廠,預計於2026年至2027年投產,生產一系列安全、可持續且無鈷/鎳的電動汽車電池和其他市場(包括靜態存儲)的正極材料。
- 根據期限協議,交付將從首次生產開始,爲期七年,有續約的可能性。初始期限的開始應當取決於野貓對歐元錳公司從Chvaletice示範工廠獲得的高純度錳產品的成功資格認定。
- 認購噸數將在七年期限內增加,而平均年度噸數將佔公司年高純度錳產品產量的重要比例。預計定價將受市場因子影響,漲跌機制與某些基準掛鉤。
- 期限協議是非約束性的,並取決於野貓建造其美國工廠,然而各方打算簽訂一份有約束力的認購協議,其中定價機制和噸數將得到最終確定,以及其他必要的協議。
Dr. Matthew James, President & CEO of Euro Manganese, commented:
歐錳公司總裁兼首席執行官馬修·詹姆斯博士評論道:
"This is another major milestone for Euro Manganese and for the western market battery value chain. This long-term offtake term sheet represents a significant percentage of the planned production of the Chvaletice Manganese Project over time. An important value proposition is our product does not originate from, or is processed by, a foreign entity of concern, a key purchasing criteria for North American customers. We look forward to working with Wildcat as they advance on their goals of delivering CAM materials to their customers."
"這是歐元錳公司和西方市場電池價值鏈的又一個重要里程碑。這份長期的認購期限協議代表了隨時間推移Chvaletice錳項目計劃產量的重要比例。一個重要的價值主張是我們的產品不源自、也不由引起關注的外國實體加工,這是北美客戶的關鍵採購標準。我們期待與野貓合作,因爲他們爲向客戶交付CAm材料的目標努力前進。"
Mr. Mark Gresser, CEO of Wildcat said: "This agreement represents an important step for Wildcat in the development of high quality, low-cost, reliable, localized and IRA compliant sources for important cathode pre-cursor materials. We view the Euro Manganese partnership as an important piece to our supply chain strategy, and look forward to working with them in the coming years."
Wildcat CEO Mark Gresser先生表示:"這項協議對於Wildcat在開發高質量、低成本、可靠的局部和IRA合規的重要正極材料前驅物方面邁出了重要一步。我們將歐元錳合作伙伴視爲我們供應鏈策略的重要組成部分,並期待在未來幾年與他們合作。"
About Euro Manganese
關於歐錳公司
Euro Manganese is a battery materials company focused on becoming a leading, competitive, and environmentally superior producer of high-purity manganese for the electric vehicle industry and other high-technology applications. The Company is advancing development of the Chvaletice Manganese Project in the Czech Republic, which is a unique waste-to-value recycling and remediation opportunity involving reprocessing old tailings from a decommissioned mine. The Chvaletice project is the only sizable resource of manganese in Europe, strategically positioning the Company to provide battery supply chains with critical raw materials to support the global shift to a circular, low-carbon economy.
歐元錳是一家專注於成爲電動汽車行業和其他高技術應用領域領先、有競爭力且環境優越的高純錳生產商的電池材料公司。公司正在推進捷克共和國Chvaletice錳項目的開發,這是一個利用從一座停運礦山中重新加工舊尾礦的獨特的廢物再利用和修復機會。Chvaletice項目是歐洲僅有的規模可觀的錳資源,將公司戰略定位於爲電池供應鏈提供支持全球向循環低碳經濟轉型所需的關鍵原材料。
About Wildcat
關於Wildcat
Wildcat's mission is to produce high-performance U.S.-made cathode materials to enable the widespread adoption of clean energy. Founded in 2006, the company plans to manufacture a portfolio of nickel- and cobalt-free cathode materials at a production factory in the United States. At the same time, Wildcat will continue to leverage its 15 years of materials development and cell design expertise to help customers achieve the best integrated battery cell performance. For more information, .
Wildcat的使命是生產高性能的美國製造正極材料,以推動清潔能源的廣泛應用。該公司成立於2006年,計劃在美國的生產工廠裏製造一系列無鎳、無鈷的正極材料。與此同時,Wildcat將繼續利用其在材料開發和電芯設計方面的15年經驗,幫助客戶實現最佳的集成電芯性能。
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SOURCE Wildcat Discovery Technologies
源野貓發現技術