99.95% High Purity Manganese, page-5

Not sure bullmarket

A lot of variables to consider in your question

A lot would depend on the Mn price in the future

If it's still profitable I'd assume they can do both (steel & battery) and as you say, the resource is big enough to handle it

It would be a difficult business decision to shut down a project showing unprecedented IRR's of 350% ?

E25 also have off take agreements with OMH for 5 years so it would have to stay up for a minimum of that

They have spent money on CAPEX so would want to recoup that
(although that will be done in about 6 months time)


You would also have to ask questions about the ore grade
Maybe you can use the deeper stuff for HPM?
And if that's the case this truly is a monster project

Time will tell