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The information provided on EL7.AI is for educational and informational purposes only and does not constitute financial advice.
In a move that strengthens the feasibility of the Emily Manganese Project, Electric Metals announced that an ore sorting assessment indicates the feed grade can be upgraded from an average 8.2% to 17.5%, recovering 92% of contained manganese, according to preliminary reports. The assessment, conducted by Rados International Technologies, simulated particle-scale ore sorting using drill core data.
The assessment simulates particle-scale ore sorting, rejecting about 57% of material before processing, per the released data. These results enhance the project's cost-efficiency prospects amid growing demand for manganese used in battery manufacturing, according to market reports.
EML stock closed at $25.99 (close of June 29, 2026), trading in a range of $24.49 to $26. Investors are watching for the company's next steps toward economic feasibility studies to assess commercial viability.
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