Euro Manganese’s Funding from Orion Resource Partners
Euro Manganese have received funding from the investment group, Orion Resource Partners for the development and construction of a manganese mining project in the Czech Republic.
Euro Manganese is an investor in the Czech Republic and operates the Mangan Chvaletice subsidiary which holds explorations rights to manganese tailings in North-east Bohemia and is now developing a manganese extraction project.
‘This project is a unique waste to value recycling and remediation opportunity involving reprocessing old tailing from a decommissioned mine. It is also the only sizable resource of manganese in the European Union.’
PRK Partners s.r.o. provided legal counsel to Euro Manganese, their team included, Daniel Rosicky, Tomas Bures and Lucie Vorlova. They covered the overall legal support for the project including, negotiation of the convertible loan and royalty agreements as well as provision of security in various jurisdictions.
“We are proud to support Euro Manganese in this groundbreaking venture, which not only promises to revitalize manganese production in the European Union but also sets a new standard for environmental stewardship in the mining industry. Our comprehensive legal guidance aims to ensure the success and sustainability of the Chvaletice Manganese Project.”
