Giyani Metals produces high-purity manganese oxide, advances towards commercial-scale production
Giyani Metals produces high-purity manganese oxide, advances towards commercial-scale production

Giyani Metals produces high-purity manganese oxide, advances towards commercial-scale production

News summary

Giyani Metals Corp has achieved a significant milestone by producing high-purity manganese oxide (HPMO) at its demonstration plant in Johannesburg, a critical step in its transition to commercial-scale production. CEO Charles FitzRoy noted that this success de-risks the company's future endeavors, as it plans to produce both HPMO and high-purity manganese sulfate monohydrate (HPMSM) to meet the growing demand in the electric vehicle and energy storage markets. The company aims to begin HPMSM production by Q1 2025 and is currently working on a definitive feasibility study, which is expected to be completed in 2025. Giyani's K.Hill project in Botswana is projected to hold over 2.2 million tonnes of manganese oxide resources, and its successful production at the demonstration plant has garnered interest from potential buyers for future supply agreements. The advancements position Giyani as a versatile supplier within the fast-evolving battery industry, aiming to optimize operations before scaling to a full commercial plant. As Giyani progresses, it remains focused on securing strategic partnerships and financing for its projects.

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