Arizona Mining Association reposted this
“There has been no manganese ore mining in the United States since the 1970s, and the US is now 100% reliant on foreign sources for manganese. The Hermosa project can help fill that void,” explains our President Pat Risner in Global Business Reports (GBR)’s new 2024-25 Western USA Mining report. This year’s report also includes a feature of Hermosa , highlighting South32’s recent decision to invest $2.16 billion into the project, as well as it’s unique position as the first mining project to participate in the federal government’s FAST-41 program, aimed at increasing transparency and collaboration in the permitting process for projects deemed critical to national security. You can access and view the pre-release of this year’s report by using this link: https://lnkd.in/e6T86RH7 _____ “No ha habido extracción de mineral de manganeso en Estados Unidos desde la década de 1970, y Estados Unidos ahora depende 100% de fuentes extranjeras de manganeso. El proyecto Hermosa puede ayudar a llenar ese vacío”, explica nuestro presidente Pat Risner en el nuevo informe 2024-25 Western USA Mining de Global Business Reports (GBR). El informe de este año también incluye un artículo sobre Hermosa, destacando la reciente decisión de South32 de invertir $2,16 mil millones en el proyecto, así como su posición única como el primer proyecto minero en participar en el programa FAST-41 del gobierno federal, destinado a aumentar la transparencia y la colaboración. en el proceso de obtención de permisos para proyectos considerados críticos para la seguridad nacional. Puede acceder y ver la versión preliminar del informe de este año utilizando este enlace: https://lnkd.in/e6T86RH7
James Lake
1w
Very informative
Battery Cathode- & Precursor Production Data Analyst || Manganese-in-Batteries Specialist || Pragmatist & Realist || Author of 2 LinkedIn Newsletters ||
1wYou may have some serious challenges to produce affordable, low cost Manganese products from this mixed bag. The 9% Mn contents may put you in the same ball park as EuroManganese's OPEX numbers, (which is the highest in the whole world) unless you work a miracle with a multi-element extraction- and hydro-met processing flowsheet. I sincerely hope the battery materials market changes dramatically, for your sake, because the current outlook is an over-supply and depressed market prices for HPMSM until the mid-30's, unless LMFP demand reaches 25%+ global market share. NMC demand will not carry you, especially considering the current momentum in loss of market share to alternative battery chemistries, i.e. LFP + sodium.