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Executive Order to Accelerate U.S. Critical Mineral Development Reinforces Strategic Value of Electric Metals' Emily Manganese Project in Minnesota
TORONTO, ON / ACCESS Newswire / March 27, 2025 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) welcomes the recent Executive Order issued by President Trump, titled "Immediate Measures to Increase American Mineral Production." The order represents a major federal policy shift aimed at rapidly expanding domestic mining and processing of critical minerals. It calls for expedited permitting, prioritization of federal lands for resource development, and the use of the Defense Production Act to provide financial support for U.S.-based mineral projects vital to national security and economic resilience.
A key provision of the order requires federal agencies and authorities to rapidly identify priority projects that can be advanced immediately for federal regulatory approval. This mechanism is designed to catalyze the near-term development of high-impact mineral assets and supply chain infrastructure.
The Executive Order directly reinforces the strategic importance of Electric Metals (USA) Inc. and its flagship Emily Manganese Project in Minnesota-the highest-grade manganese deposit in North America, a potential domestic source of manganese, a mineral vital to EV battery production, energy storage, steelmaking, and defense applications.
Brian Savage, CEO, Electric Metals commented: "We welcome this decisive federal action and its emphasis on accelerating the development of critical mineral projects. Our Emily Manganese Project fits squarely within the goals of this Executive Order, as a U.S.-based, high-grade manganese resource that is ready to move forward and help secure America's mineral independence."
The Emily Manganese Project is well aligned with the criteria outlined in the Executive Order and stands as a strong candidate for priority designation, given its potential to significantly reduce U.S. reliance on foreign manganese supply.
The Emily Manganese Deposit, Minnesota is the highest grade manganese deposit in North America. Electric Metals is poised to emerge as a low-cost producer of 100% domestically sourced, high-purity, battery grade, manganese products and chemicals, including HPMSM, for the electric vehicle battery and energy storage sectors.
About Electric Metals (USA) Limited
Electric Metals (USA) Limited (TSXV:EML)(OTCQB:EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders.
For further information, please contact:
Electric Metals (USA) Limited
Brian Savage
CEO & Director
(303) 656-9197
or
Valerie Kimball
Director Investor Relations
720-933-1150
[email protected]
Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-looking information") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts", "projects" and similar expressions, and the negative of such expressions.
Such statements in this news release include, without limitation: the ability to produce battery-grade high-purity manganese sulfate monohydrate (HPMSM) and other high-grade manganese products from the Emily manganese deposit; conduct a scoping study, Preliminary Economic Assessment and Pre-Feasibility Study to evaluate the overall feasibility and design parameters; development of processing plant; other metallurgical test work, and planned or potential developments in ongoing work by Electric Metals.
These statements address future events and conditions and so involve inherent risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, the failure to obtain all necessary stock exchange and regulatory approvals. Forward-looking information is based on the reasonable assumptions, estimates, analysis and opinions of management made in light of its experience and perception of trends, updated conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information. Accordingly, readers should not place undue reliance on forward-looking information.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments, except as required by law.
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
SOURCE: Electric Metals (USA) Limited
View the original press release on ACCESS Newswire
F.Dubois--AMWN