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Our Battery Metals Pick EMN Announces Game Changing New Investor

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Published 25-MAR-2021 16:26 P.M.

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3 minute read

Our new model at Wise-Owl is to make long term investments in carefully selected ASX companies and share our analysis on why we are invested for free.

The pick we announced at 2.6c last week in the green hydrogen energy space had a great run, up over 450% on the day and now settled at 9c. We continue to hold that investment and will update you on company progress.

Today one of our other picks has just announced a game changing investment and support from a European government backed group... more on that below.

We are big believers in the green economy and the transition from fossil fuels to a low carbon economy, and we have had some good wins in our portfolio making early stage investments in this space.

Our Track Record

Europe has emerged as a major electric vehicle production hub, with over €24BN in investments in EU electric vehicle and battery production facilities underway.

Billions of dollars in additional investments are pouring into this sector, as EV become mainstream in Europe and across the globe.

Big news today for ASX:EMN - our full analysis below

Today we have an update for you on one of our key picks in the EU battery metals space - Euro Manganese (ASX:EMN).

Manganese is a critical raw material in batteries - and there is currently no significant local supply in the EU.

The Chvaletice Manganese Project stands to become the only primary producer of battery grade manganese products in Europe, with the potential to provide up to 50% of projected 2025 European demand for these products, and 28% of its anticipated 2030 requirements.

This resource is located in the Czech Republic, in the heart of the EU’s fastest growing EV production hub.

The company has very strong Environmental, Social and Governance (ESG) credentials, as no hard rock mining is required to extract the manganese. The company is recycling waste and cleaning up old mining tailings.

EMN has today confirmed an EU-backed EIT InnoEnergy will assist the company with strategic financing and offtake agreements.

EIT InnoEnergy, and it's so impressed by EMN’s project that it is also investing €250,000 in the Company, which will go towards accelerating the development of its project.

...AND also help EMN secure up to €362M to develop EMN’s project.

EIT InnoEnergy also invested in our other company Vulcan back in May 2020 at 51c....

InnoEnergy has an illustrious list of other companies it works with in the EU battery metals space - find out more in our report below.

P.S. In the coming days we are announcing a brand new EU battery metals pick to add to our portfolio of battery metals stocks - to complement our investments in EMN and VUL.

Click here to read our latest update on today’s EMN announcement.



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S3 Consortium Pty Ltd (S3, ‘we’, ‘us’, ‘our’) (CAR No. 433913) is a corporate authorised representative of LeMessurier Securities Pty Ltd (AFSL No. 296877). The information contained in this article is general information and is for informational purposes only. Any advice is general advice only. Any advice contained in this article does not constitute personal advice and S3 has not taken into consideration your personal objectives, financial situation or needs. Please seek your own independent professional advice before making any financial investment decision. Those persons acting upon information contained in this article do so entirely at their own risk.

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