Ultimately, due to the persistently low price for the manganese concentrate - a short-term/significant improvement in price is unlikely -, there are currently only 2 Options:
1. You expand the misdesigned plant and upgrade it accordingly using DMS (Bulk Dense Media Separation) processing to be able to produce higher quality and cheaper manganese, which improves pricing and lowers operating costs, and then at least stops the high losses to be able to?
2. Cease current production of manganese concentrate and supply to OMH and now fully focus on the expansion and development of the facility in the USA to produce battery grade manganese sulfate (HPMSM) and high purity electrolytic manganese metal (HPEMM) for the to be able to guarantee future production from 2025?
What do you all mean?
E25 Price at posting:
42.0¢ Sentiment: Buy Disclosure: Held
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