Elcora and Mincape Announce Exciting New Venture to Develop Manganese Mining Operations in Morocco for the Thriving EV Battery Market
Elcora and Mincape Announce Exciting New Venture to Develop Manganese Mining Operations in Morocco for the Thriving EV Battery Market
HALIFAX, Nova Scotia, Oct. 19, 2023 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the "Company" or "Elcora"), Elcora and Mincape SARL ("Mincape") proudly unveil their groundbreaking partnership to establish manganese mining operations in Morocco and West Africa. This strategic collaboration aims to support the ever-expanding Electric Vehicle (EV) battery market and secure a sustainable source of high-quality manganese ore.
新斯科舍省哈雷法克斯，2023年10月19日(Global Newswire)--ELCORA先進材料公司。(多倫多證券交易所股票代碼：ERA|法蘭克福：ELM|OTCQB-ECORF)、(“公司”或“Elcora”)、Elcora和Minscape SARL(“Minscape”)自豪地公佈了在莫耳洛哥和西非建立錳礦業務的開創性合作夥伴關係。這一戰略合作旨在支持不斷擴大的電動汽車(EV)電池市場，並確保高質量錳礦的可持續來源。
As the world transitions toward sustainable energy solutions and electric vehicles gain mainstream adoption, the demand for EV batteries has surged. Manganese plays a pivotal role in enhancing the energy storage capabilities and overall performance of these batteries, making it a crucial mineral in the clean energy revolution.
隨著世界向可持續能源解決方案過渡，電動汽車得到主流採用，對電動汽車電池的需求激增。錳在提高這些電池的儲能能力和整體性能方面發揮著關鍵作用，使其成為清潔能源革命中的關鍵礦物。
The partnership brings together Elcora's extensive experience in battery metals, logistics, and global market access, and Mincape's profound expertise in geology, research, sustainable resource development and advanced mining technologies. The combined strengths of these industry leaders will drive the development of responsible and environmentally conscious manganese mining operations in Morocco.
這一合作夥伴關係將Elcora在電池金屬、物流和全球市場準入方面的豐富經驗與Minscape在地質、研究、可持續資源開發和先進採礦技術方面的深厚專業知識結合在一起。這些行業領先者的綜合優勢將推動莫耳洛哥負責任和環保的錳礦開採業務的發展。
Key highlights of this joint venture include:
該合資企業的主要亮點包括：
1. Manganese Resource Development: Elcora and Mincape will combine their technical know-how and resources to identify and develop current and new manganese deposits in Morocco and West Africa, ensuring a stable supply of high-grade manganese for the EV battery market.
1.錳資源開發：Elcora和Mincape將結合他們的技術訣竅和資源，在莫耳洛哥和西非發現和開發現有和新的錳礦，確保電動汽車電池市場高品位錳的穩定供應。
2. Meeting EV Battery Demand: The partnership's primary objective is to meet the growing demand for manganese from the EV battery industry, contributing to the production of cleaner and more efficient electric vehicles.
2.滿足電動汽車電池需求：該夥伴關係的主要目標是滿足電動汽車電池行業對錳日益增長的需求，促進生產更清潔、更高效的電動汽車。
3. Global Reach: Elcora and Mincape's combined networks and global presence will allow for efficient distribution of manganese to battery manufacturers worldwide.
3.全球覆蓋面：Elcora和Mincape的聯合網路和全球業務將使錳能夠有效地分銷給世界各地的電池製造商。
4. Innovation and Research: The partnership also envisions investing in research and development in manganese processing to optimize the use of manganese in next-generation battery technologies.
4.創新和研究：該夥伴關係還設想投資於錳加工的研究和開發，以優化下一代電池技術中錳的使用。
5. Cutting-edge Technology: The partnership will leverage state-of-the-art mining technologies and innovative solutions to ensure efficient operations while minimizing environmental impact.
5.尖端技術：該夥伴關係將利用最先進的採礦技術和創新的解決方案，確保高效運營，同時將對環境的影響降至最低。
6. Local Economic Development: The project will stimulate economic growth in the region by creating job opportunities and fostering local skills development. It is a testament to the commitment of Elcora and Mincape to sustainable and responsible mining practices.
6.地方經濟發展：該專案將通過創造就業機會和促進當地技能發展來刺激該區域的經濟增長。這證明瞭Elcora和Mincape對可持續和負責任的採礦實踐的承諾。
7. Ethical and Transparent Supply Chain: The venture will maintain full transparency throughout the supply chain, ensuring the responsible sourcing of manganese ore to support the EV battery market's ethical requirements.
7.合乎道德和透明的供應鏈：合資企業將在整個供應鏈中保持完全透明，確保負責任地採購錳礦，以支持電動汽車電池市場的道德要求。
Troy Grant, CEO of Elcora, expressed his enthusiasm, stating, "Our partnership with Mincape is a significant milestone for Elcora, aligning our values and goals to support the transition to cleaner and more sustainable energy solutions. We are excited to embark on this journey together."
Elcora首席執行官特洛伊·格蘭特表達了他的熱情，他說：“我們與明佳的合作是Elcora的一個重要里程碑，使我們的價值觀和目標一致，支持向更清潔和更可持續的能源解決方案過渡。我們很高興能一起踏上這段旅程。”
Mr Hassan Bouzahzah (PhD), Manager of Mincape, added, "Mincape is proud to join forces with Elcora in this exciting endeavour. Our combined expertise will ensure a reliable supply of high-quality manganese ore while upholding our commitment to responsible mining practices."
Mincape經理Hassan Bouzahzah先生(博士)補充說：“Mincape很榮幸能與Elcora攜手合作，共同努力。我們的專業知識將確保高質量錳礦的可靠供應，同時堅持我們對負責任的採礦實踐的承諾。”
The joint venture marks a crucial step in meeting the increasing global demand for manganese, a pivotal component in the production of EV batteries. Elcora and Mincape's dedication to ethical sourcing, sustainability, and advanced mining techniques will contribute to a cleaner and greener future for the automotive industry.
合資企業標誌著在滿足全球對錳日益增長的需求方面邁出了關鍵的一步。錳是電動汽車電池生產的關鍵成分。埃爾科拉和明佳致力於道德採購、可持續發展和先進的採礦技術，這將為汽車行業創造更清潔、更綠色的未來做出貢獻。
About Elcora Advanced Materials Corp.
埃爾科拉先進材料公司簡介
Elcora was founded in 2011 and has been structured to become a vertically integrated battery material company. Elcora can process, refine, and produce battery related minerals and metals. As part of the vertical integration strategy Elcora has developed a cost-effective process to purify high-quality battery metals and minerals that are commercially scalable. This combination means that Elcora has the tools and resources for vertical integration of the battery minerals and metals industry.
Elcora成立於2011年，其結構已成為一家垂直整合的電池材料公司。Elcora可以加工、提煉和生產與電池相關的礦物和金屬。作為垂直整合戰略的一部分，Elcora開發了一種具有成本效益的工藝，以提純可商業擴展的高質量電池金屬和礦物。這一組合意味著Elcora擁有垂直整合電池礦物和金屬行業的工具和資源。
For further information please visit the company's website at:
欲瞭解更多資訊，請訪問公司網站：
For further information please contact: Troy Grant, Director, President & CEO, Elcora Advanced Materials Corp., T: +1 902 802-8847
欲獲知更多資訊，請聯繫：董事首席執行官特洛伊·格蘭特，總裁電話：+1 902 802-8847
About Mincape SARL:
關於Mincape SARL：
Mincape Resources Inc. is a reputable mining engineering office coupled with a laboratory that offers a full range of integrated services for the mining industry. Mincape is involved in the entire mining value chain, including mineral exploration, mining, and processing.
Mincape Resources Inc.是一家聲譽卓著的採礦工程辦公室，擁有一個為採礦業提供全方位綜合服務的實驗室。明佳參與了整個礦業價值鏈，包括礦產勘探、採礦和加工。
For further information please contact: Hassan Bouzahzah PhD, Manager, Mincape SARL, T:+212 663 447 479
欲瞭解更多資訊，請聯繫：Mincape SARL經理Hassan Bouzahzah PhD，電話：+212 663 447 479
Note to Editors: This press release is for immediate distribution and is available for media inquiries and interviews upon request. Images, logos, and further information can be provided upon request.
編輯請注意：本新聞稿供即時分發，並可根據要求接受媒體詢問和採訪。如有需要，可提供圖片、徽標和其他資訊。
CAUTIONARY STATEMENT:
警示聲明：
The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. 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. No stock Exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.
多倫多證券交易所創業板不對本新聞稿的充分性或準確性承擔責任。多倫多證券交易所風險交易所及其監管服務提供商(該術語在多倫多證券交易所的政策中定義)均不對本新聞稿的充分性或準確性承擔責任。任何證券交易所、證券事務監察委員會或其他監管機構均未批准或不批准本報告所載資料。
This News Release includes certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding potential mineralization and reserves, exploration results, and future plans and objectives of Elcora, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Elcora's expectations are exploration risks detailed herein and from time to time in the filings made by Elcora with securities regulators.
本新聞稿包括某些“前瞻性陳述”。本新聞稿中包含的除歷史事實陳述外的所有陳述，包括但不限於有關Elcora的潛在礦化和儲量、勘探結果以及未來計劃和目標的陳述，均為前瞻性陳述，涉及各種風險和不確定性。不能保證這些陳述將被證明是準確的，實際結果和未來事件可能與這些陳述中預期的大不相同。可能導致實際結果與Elcora的預期大不相同的重要因素是本文中詳述的勘探風險以及Elcora不時提交給證券監管機構的檔案中的勘探風險。
Investors are cautioned that, except as disclosed in the filing statement prepared in connection with the transaction, any information released or received with respect to the transaction may not be accurate or complete and should not be relied upon.
請投資者注意，除非在與交易相關的備案聲明中披露，否則發佈或收到的有關交易的任何資訊都可能不準確或不完整，不應依賴。
譯文內容由第三人軟體翻譯。