Euro Manganese signs offtake term sheet with Integrals Power
Euro Manganese Partners with Integrals Power for Sustainable Battery Supply
Euro Manganese has entered an agreement with UK-based Integrals Power to provide high-purity manganese sulphate, a crucial component for next-generation lithium manganese iron phosphate (LMFP) batteries, sourced from its Chvaletice Manganese Project in the Czech Republic.
This partnership is designed to bolster the supply chain for LMFP batteries, which are essential for electric vehicles (EVs) and large-scale energy storage systems. By collaborating, both companies are taking a significant step towards enhancing the sustainability of battery production amid rising global demand.
Outlined in the offtake term sheet is a seven-year agreement that will commence with the initial production phase at the Chvaletice Project, with options for renewal. Both parties have agreed that pricing will align with market trends and will include a shared cost structure for the preliminary testing to evaluate performance compatibility.
“We are thrilled to work with Integrals Power to advance innovative battery technologies,” stated Euro Manganese CEO Martina Blahova. “IPL’s cutting-edge cathode materials are pivotal in the global shift towards more sustainable, safe, and economical battery solutions. We are committed to supplying fully traceable, responsibly sourced materials that enhance energy efficiency and contribute to emissions reduction.”
Integrals Power specializes in advanced battery nanomaterials and plans to integrate Euro Manganese’s High-Purity Manganese Sulphate Monohydrate (HPMSM) into its LMFP cathode formulations. The initial testing phase for assessing product compatibility and performance is slated for the third quarter of 2025 (Q3 2025).
Behnam Hormozi, CEO of Integrals Power, commented, “Our collaboration with Euro Manganese is a significant milestone in ensuring a reliable and local supply of high-purity manganese, which is essential for our LMFP cathode materials. This partnership not only strengthens our production capabilities but also supports the escalating demand for high-performance battery technologies across the UK and Europe. It aligns seamlessly with our goal of establishing a resilient and transparent supply chain that supports the transition to clean energy.”
In a recent development, Euro Manganese secured an financing package amounting to $8 million (C$10.98 million) to facilitate the growth of the Chvaletice Project. This package, which received shareholder approval on May 15, 2025, comprises a private placement along with contributions from a share purchase offering.
Overall, this partnership not only signifies a step towards enhancing the battery supply chain but also underscores the commitment of both companies to sustainability and responsible sourcing in the rapidly expanding electric vehicle market.
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