Euro Manganese Inc. announced that it has entered into a memorandum of understanding (“MOU”) with JFE Steel Corporation (“JFE”) of Tokyo, Japan, to supply high-purity manganese products from its proposed demonstration plant at the Chvaletice Manganese Project in the Czech Republic for testing and evaluation. Approximately 10% (1,000kg) of the demonstration plant’s planned production, in the form of high-purity electrolytic manganese metal (“HPEMM”), will be provided to JFE. Further, pursuant to the MOU, the company and JFE intend to collaborate by sharing technical and other information, so that EMN’s proposed Chvaletice Manganese Project plant can be designed and built to meet JFE’s requirements for reliable, high-quality and environmentally-superior HPEMM for use in high-end specialty steel applications. Upon completion of testing and evaluation of the HPEMM by JFE, and subject to a production decision being made based on the results of a feasibility study which is currently underway, the parties intend to work toward establishing a non-exclusive, long-term supply arrangement of HPEMM produced at the Chvaletice Manganese Project, in accordance with conditions to be agreed.