The Dawn of EV, page-1728

Looks like every Tom, Dick and Harry can now produce HPMSM, yesterday JMS announced its strategy to produce Mn battery materials.

"Jupiter has successfully produced a >99.9% pure sample of High Purity Manganese Sulphate Monohydrate – referred to as “HPMSM” or battery grade manganese – with Tshipi ore and utilising an internally developed hydrometallurgical production process."

Considering that JMS can produce Mn ore at 1/4 the cost of E25 and the fact that the grade is 3 x higher than E25 and add to the fact that JMS is cashed up and no debt and has huge shareholders with deep pockets, makes me wonder which company will be the leader and producing first.

" Jupiter is the largest publicly traded, pure play manganese miner in the world, with strong cashflows and zero debt."

"Jupiter is on track to complete its scoping level market entry business case by 31 December 2023."