Looks like every 'Tom, Dick and Harry' plan to produce manganese battery material projects, this amount of competition will drive down the price.
Jupiter JMS is also expected to release info about their high-purity manganese battery project too in this quarter. The world will be awash with product, it will only be the cheapest producer who'll survive.
"Sherwood EMM Limited is a new high purity Manganese project for the battery industry with an expected capacity of 40,000 mtpy of high-purity manganese products (Mn contained) by 2027 (subject to final laboratory tests, the plant construction will start in fourth quarter of 2023)."
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- Ann: Signs Offtake & Project Financing Agree with Global Mobility
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Ann: Signs Offtake & Project Financing Agree with Global Mobility, page-9
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