- Giyani Metals Corp. (EMM) has provided an update on the construction of its demonstration plant in Botswana
- The construction contract for the plant is expected to be signed in the coming weeks
- The company has the option to order a second crystallizer and evaporator for the plant which will allow it to operate as a continuous production process using various feed conditions
- Giyani is a mineral resource company focused on becoming one of Africa’s first low-carbon producers of high-purity manganese sulphate precursor material
- Giyani Metals Corp. (EMM) is down 2.63 per cent on the day, trading at C$0.37 per share at 10:45 am ET
Giyani Metals Corp. (EMM) has provided an update on the construction of its demonstration plant in Botswana.
Highlights:
- The company has secured the option to order a second crystallizer and evaporator to allow the plant to operate as a continuous production process once construction is completed.
- The combined crystallizer units will be able to produce up to 600kg per day of dry, high-purity manganese sulphate monohydrate crystals with first deliveries to potential battery materials customers to 2023
The company secured an option to order a second crystallizer and evaporator for the plant.
The second unit will allow the plant to operate as a continuous production process using various feed conditions. The combined crystallization units will have a capacity of up to 600 kg per day of dry HPMSM crystals, depending on the manganese grade of the ore feed, which can be sent to potential off-takers for product qualification.
Engineering remains on track, and critical long-lead items have been procured. The construction contract for the demo plant is expected to be signed in the coming weeks, with the first samples of HPMSM shipped to potential off-takers in 2023.
Robin Birchall, CEO of the Giyani Metals, commented on the update.
“Crystallization units are critical components of many battery-grade metal refining operations. With ongoing global supply chain issues, securing two crystallizers for our Demo Plant puts Giyani in an enviable position. Since placing our first order in March, we have seen the lead time on new orders for crystallization units extend to as long as 18 months as demand from the battery metals sector ramps up to feed demand from the electric vehicle market. It is a tribute to our technical team that we have not only sourced one but two crystallizers during such a period of high demand. Notably, the addition of the second crystallizer will allow the Demo Plant to operate continuously and, in doing so, will facilitate a reduction in time to produce the required volumes of product samples for potential off-takers, as well as meet the objective of de-risking and optimizing the commercial processing plant.”
“We continue the work to cement our position as a premium supplier of a critical battery material with the ongoing feasibility study work currently on track for completion in Q3 2022,” added Birchall.
Giyani is a mineral resource company focused on becoming one of Africa’s first low-carbon producers of high-purity manganese sulphate precursor materials directly from manganese oxide ore.
Giyani Metals Corp. (EMM) is down 2.63 per cent on the day, trading at C$0.37 per share at 10:45 am ET.
