-
US to deploy new aircraft carrier to Middle East as Trump warns Iran
-
Ubisoft targets new decade of 'Rainbow 6' with China expansion
-
Stocks trend lower as AI disruption worries move to fore
-
Spurs set to hire Tudor as interim boss until end of season: reports
-
International crew en route to space station
-
Man City's Rodri charged over ref rant
-
Italian biathlete Passler cleared to compete at Olympics despite positive test
-
Macron slams 'antisemitic hydra' as he honours 2006 Jewish murder victim
-
Tuipulotu warns England to beware 'desperate' Scotland in Six Nations
-
Cash-starved French hospitals ask public to pitch in
-
US consumer inflation eases more than expected to lowest since May
-
Germany's Merz urges US to repair ties with Europe
-
Europe seeks new 'partnership' with US at security gathering
-
Fresh water leak adds to Louvre museum woes
-
Floods wreak havoc in Morocco farmlands after severe drought
-
Russia, Ukraine to hold talks in Geneva on February 17-18
-
Ukraine's Heraskevych hopes 'truth will prevail' in Olympics appeal
-
Dumplings and work stress as Chinese rush home for Lunar New Year
-
Macron denounces 'antisemitic hydra' as he honours 2006 Jewish murder victim
-
India-Pakistan: Hottest ticket in cricket sparks T20 World Cup fever
-
Cross-country king Klaebo equals Winter Olympics record with eighth gold
-
Ukraine's Heraskevych appeals to CAS over Olympic ban as Malinin eyes second gold
-
Stocks mostly drop after Wall Street slide
-
Sophie Adenot, the second French woman to fly to space
-
Alleged rape victim of Norway princess's son says she took sleeping pills
-
Activist group Palestine Action wins legal challenge against UK ban
-
Driven by Dhoni, Pakistan's X-factor tweaker Tariq targets India
-
Davidson set to make history as Ireland seek to rebound against Italy
-
Europe defends NATO, US ties at security gathering
-
China's fireworks heartland faces fizzling Lunar New Year sales
-
Bangladesh's Yunus 'banker to the poor', pushing democratic reform
-
Cracknell given Six Nations debut as Wales make changes for France
-
L'Oreal shares sink as sales miss forecasts
-
Bangladesh nationalists celebrate landslide win, Islamists cry foul
-
Thai PM agrees coalition with Thaksin-backed party
-
Zimbabwe pull off shock win over Australia at T20 World Cup
-
Merz, Macron to address first day of Munich security meet
-
Three dead, many without power after storm lashes France and Spain
-
Bennett half-century as Zimbabwe make 169-2 against Australia
-
Asian stocks track Wall St down as traders rethink tech bets
-
'Weak by design' African Union gathers for summit
-
Nigerian conservative city turns to online matchmaking for love
-
Serb-zero: the 'iceman' seeking solace in extreme cold
-
LeBron James nabs another NBA milestone with triple-double in Lakers win
-
Hundreds of thousands without power after storm lashes France
-
US Congress impasse over migrant crackdown set to trigger partial shutdown
-
AI's bitter rivalry heads to Washington
-
South Korea hails 'miracle' Choi after teen's landmark Olympic gold
-
England seek statement Six Nations win away to Scotland
-
Trent return can help Arbeloa's Real Madrid move forward
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