Euro Manganese has signed a non-binding term sheet with UK-based Integrals Power to supply high-purity manganese sulphate for next-generation LMFP battery cathodes, aiming to strengthen sustainable battery supply chains.
- Non-binding offtake term sheet signed between Euro Manganese and Integrals Power
- Supply of high-purity manganese sulphate from Chvaletice Project for LMFP cathode materials
- Initial test work to start in Q3 2025 to qualify manganese feedstock
- Seven-year initial supply term with options to renew
- Partnership targets electric vehicles, grid storage, and defence battery markets
Strategic Partnership in Battery Materials
Euro Manganese Inc., a company focused on producing high-purity manganese for battery applications, has entered into a non-binding offtake term sheet with UK-based Integrals Power Limited. The agreement centers on supplying battery-grade manganese sulphate from Euro Manganese's Chvaletice Manganese Project in the Czech Republic to support Integrals Power's innovative Lithium Manganese Iron Phosphate (LMFP) cathode materials.
This collaboration aims to underpin the development of safer, more sustainable, and cost-effective battery technologies designed for electric vehicles, grid-scale energy storage, defence, and other sectors. Integrals Power has developed proprietary processes to produce high-performance cathode materials, and securing a reliable, traceable manganese supply is critical to scaling their production.
Qualification and Supply Terms
The partnership will commence with an initial program of test work scheduled for the third quarter of 2025. This testing will assess the compatibility of Euro Manganese's high-purity manganese sulphate monohydrate with Integrals Power's cathode production process and evaluate the performance of the resulting LMFP materials. Successful qualification will pave the way for Euro Manganese to become a preferred feedstock supplier.
Upon qualification, deliveries are expected to begin with an initial seven-year term, including options to renew for additional four-year periods. Pricing will be linked to market benchmarks, allowing for adjustments based on prevailing conditions. The term sheet also includes provisions for cost-sharing of the initial test work, reflecting a collaborative approach to advancing the supply chain.
Strategic and Environmental Implications
Euro Manganese's Chvaletice Project is notable for its unique approach of recycling old mine tailings, positioning it as a circular economy initiative within the European Union. This project not only provides a critical raw material for battery manufacturing but also contributes to environmental remediation efforts.
Both companies emphasize the importance of traceability, sustainability, and localised supply chains in their partnership. Euro Manganese's CEO Martina Blahova highlighted the alignment with global energy transition goals, while Integrals Power's CEO Behnam Hormozi underscored the strategic value of securing a resilient and transparent manganese supply for their advanced battery materials.
Looking Ahead
While the term sheet is non-binding and contingent on successful qualification, this agreement marks a significant step toward strengthening the European battery materials ecosystem. It reflects growing industry momentum to develop next-generation battery chemistries that balance performance, cost, and sustainability.
Investors and industry watchers will be keenly observing the outcomes of the upcoming test work and the potential for this partnership to evolve into a long-term commercial relationship that supports the accelerating demand for electric vehicles and renewable energy storage solutions.
Bottom Line?
The success of initial qualification tests will be pivotal in transforming this promising partnership into a cornerstone of Europe's sustainable battery supply chain.
Questions in the middle?
- Will Euro Manganese's manganese sulphate meet Integrals Power's stringent quality requirements?
- How will pricing linked to market benchmarks affect the long-term economics of the supply agreement?
- Could this partnership lead to broader collaborations or technology licensing between the two companies?