– CANADA, Vancouver – Euro Manganese Inc. (TSX: EMN | ASX: EMN | OTC: EUMNF | FRA: E06) today announced the appointment of Dr. Matthew James as CEO, effective December 20, 2021.
About Dr. Matthew James
Dr. James is a highly experienced corporate executive in both established global industrials and small growth companies. He will bring his extensive experience in the natural resources, chemicals and environmental services sectors to drive the plans of the Company to transition from development stage to a producer of high purity battery raw materials, principally for the growing European electric vehicles market.
Dr. James has extensive experience in developing companies within the global natural resources industry. As Vice President, Strategy & Corporate Communications at Lynas Corporation, a speciality metals company, he played an instrumental role raising over A$1 billion of equity and debt funding, including a US$250 million government backed loan and over US$800 million of long-term advanced sales contracts from Japanese, European, and US industrial companies across the automotive, chemical, and engineering sectors.
During Dr. James’ time at Lynas, from 2002 to 2011, the company grew from a junior miner with an undeveloped project to an ASX100 Company with a market capitalisation of approximately A$3.5 billion, with mining operations in Australia and chemical plant operations in Malaysia. In 2011, Dr. James became the founding Managing Director of Rutila Resources, where he negotiated the purchase of a vanadium-titanium-magnetite deposit and secured native title agreements and new Western Australia port infrastructure licences in the Pilbara. Rutila was acquired by Todd Corporation in 2014.
Upon returning to the UK in 2014, Dr. James led a strategic growth consultancy focused on natural resources, materials and environmental services. From 2017 to 2020, he was Vice President of Strategy and Business Development on the executive leadership team at Harsco Corporation, a global industrial environmental services company.
Dr. James worked in London at Deutsche Bank from 1995-1998, followed by four years at McKinsey & Company, where he provided support and advice to clients at the CEO and board level of major companies in strategic, organisational and operational projects.
Dr. James received a B. Eng. (Hons) degree in Ceramic Engineering from the University of New South Wales, Australia and a Ph.D. in Material Science and Engineering from Queens’ College at the University of Cambridge. He is a Graduate member of the Australian Institute of Directors.
Dr. James will succeed Marco Romero, the founder of Euro Manganese and one of its largest shareholders. Mr. Romero will relinquish his executive role with effect from January 4th and will step down as a director of the board. He will continue as an advisor to the Company, assisting with the transition to Dr. James and on the generation of potential growth opportunities for the Company, in line with the Board’s strategy.
Dr. Matthew James said, “It is an exciting time to be joining Euro Manganese. There is international consensus to dramatically reduce the world’s carbon footprint, driven by governments, investors and consumers. The electrification of vehicles is an important part of the solution and has been embraced by the automotive industry and consumers alike, with rapidly increasing global production forecasts. However, the supply of the enabling raw materials needs to match this demand in ways that are both environmentally and socially responsible. Euro Manganese is uniquely positioned to become a sustainable speciality supplier of high purity manganese to the growing EV battery supply chain, with a secure source of supply from our Czech Chvaletice Manganese Project, in the European Union. 2022 is an important year of performance milestones towards achieving this goal, including the delivery of the Demonstration Plant, completion of the Definitive Feasibility Study and the Environmental and Social Impact Assessment, customer acceptance testing and off-take contracts, and the commencement of project financing discussions. I can’t wait to get started; the priority is to build on the excellent work that Marco and the team have accomplished to date, and to deliver the Chvaletice Manganese Project, with a vision to grow into a multi-asset company.”
About Euro Manganese Inc.
Euro Manganese Inc. is a battery materials company whose principal focus is advancing the development of the Chvaletice Manganese Project, in which it holds a 100% interest. The proposed Project entails re-processing a significant manganese deposit hosted in mine tailings from a decommissioned mine, strategically located in the Czech Republic. The Company’s goal is to become a leading, competitive and environmentally superior primary producer of ultra-high-purity Manganese Products in the heart of Europe, serving the lithium-ion battery industry, as well as other high-technology applications.
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