VIDEO: Manganese Supply Deficit Looms as Demand from Alloys and EV Batteries Increases

A Deep Dive into the Manganese Market and Elcora Advanced Materials (TSXV: ERA)

eResearch | In our latest video, Chris Thompson from eResearch delves into the manganese industry, used in steel manufacturing and a critical component powering the next generation of lithium-ion batteries, in a 31-page report titled, “Manganese Supply Deficit Looms as Demand from Alloys and EV Batteries Increases.”

The report provides an overview of the manganese industry, covering supply, demand dynamics, and its pivotal role in steel production and the rapidly growing electric vehicle (EV) battery sector.

We spotlight Elcora Advanced Materials (TSXV: ERA), a company with promising manganese mining operations in Morocco, poised to make significant strides in the industry.

The 31-page report can be downloaded here: eR-Manganese_2023-12-19-FINAL

Report Highlights:

Our detailed 31-page document navigates through the intricacies of the manganese market, from its fundamental uses in steel manufacturing to its critical role in enhancing lithium-ion batteries for EVs.

The report categorizes 23 manganese-focused companies from explorers to producers, offering a unique lens through which investors can view the manganese landscape. A special focus is placed on Elcora Advanced Materials, showcasing its manganese mining opportunities in Morocco and its strategic position in the market.

Four Key Reasons to Consider Manganese Investment Now:

  1. EV Battery Revolution: Manganese’s role in stabilizing lithium-ion batteries and improving energy density is becoming increasingly vital as the EV market expands.
  2. Infrastructure and Steel Production: Ongoing global infrastructure projects continue to fuel demand for manganese in steel production.
  3. Potential Supply Deficits: With the EV sector’s growth, high-grade manganese for battery production may face supply shortages as early as 2024.
  4. Strategic Supply Chain Significance: The quest for secure, sustainable, and ethically sourced manganese supply chains is intensifying, highlighting the need for investments in companies like Elcora with strategic mining operations.

Company Spotlight – Elcora Advanced Materials Corp. (TSXV: ERA)

  • Elcora’s focus spans the mining, processing, and refining of battery-related minerals and metals.
  • In Morocco, Elcora is advancing manganese mining operations at its Atlas Fox Deposit and developing it Atlas Lion Deposit, which hosts both lead and vanadium.

Other Major Companies Mentioned in this Report include:

  • African Rainbow Minerals Limited(JSE: ARI)
  • Anglo American(LSE: AAL)
  • Element 25 Limited(ASX: E25)
  • Eramet S.A.(ENXTPA: ERA)
  • Jupiter Mines Limited(ASX: JMS)
  • OM Holdings Limited(ASX: OMH)
  • South32(ASE: S32)
  • Vale S.A.(NYSE: VALE | BOVESPA: VALE3)

FIGURE 1: Manganese Comps

Manganese - Full Comp Table
Sources: Company data; eResearch Corp.

The 31-page report can be downloaded here: eR-Manganese_2023-12-19-FINAL


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About Chris Thompson 358 Articles
Chris Thompson is the President and Director of Equity Research at eResearch. He is a Professional Engineer and CFA Charterholder with a MBA in Investment Management and over 15 years of experience in software development, FinTech, telecommunications, and information technology. For the past 10 years, he has worked in the Capital Markets in Equity Research, M&A Investment Banking and Consulting in various sectors.