Electric Metals pegs US$452 million installed cost for 200,000-tpy U.S. manganese sulfate plant in FEL-1 study
Bitget2026/09/23 11:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Electric Metals released a FEL-1 Class 5 cost study for a planned Gulf Coast HPMSM plant tied to its North Star Manganese Project.
- Total installed cost estimated at USD 452 million for a 200,000 tpy HPMSM facility, about 3% below the 2025 PEA estimate.
- Project schedule estimated at 32 months from detailed design start to mechanical completion and start-up, versus 36 months in the PEA.
- Study also estimated USD 98.6 million to add a 10,000 tpy electrolytic manganese metal circuit integrated with the HPMSM complex.
- Gulf Coast site not yet selected; facility designed to process Minnesota ore concentrate shipped by rail into high-purity manganese sulfate monohydrate.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Electric Metals (USA) Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202609230730ACCESSWRNAPR_____1225712) on September 23, 2026, and is solely responsible for the information contained therein.
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