Los Pumas Manganese EV Battery Project (JV opportunity)

The Los Pumas Manganese Project in northern Chile is located 175 km inland from the Port of Arica and is a multiple layered tabular style manganese occurrence with a surface expression over 3.6km in length.

In June 2021 the company presented its EV Battery Market plans for the Los Pumas Manganese Project in Northern Chile.

The Company has undertaken several drilling campaigns on this project and a Technical Report from Coffey Mining contained an estimate of the resource at Los Pumas.

This resource estimate increased the total measured and indicated resources to 18.3 million tonnes at a grade of 7.58% Mn consisting of a measured resource of 5.27 million tonnes at a grade of 7.39% Mn, and an indicated resource of 13.06 million tonnes at a grade of 7.65% Mn. Also reported was an inferred resource of 5.39 million tonnes at a grade of 8.59% Mn.

Manganese is the fourth most used metal on earth in terms of tonnage and the electrification of the global vehicle fleet requires vast amounts of cathode materials – and batteries are trending toward higher manganese content for safer, more cost-effective solutions.

  • SUH is engaging technical specialists to guide process and development option studies for the use of Los Pumas ore in Nickel Cobalt Manganese (NCM) batteries or similar, aimed at the EV market.
  • SUH target is to provide manganese ores to produce High Purity Manganese Sulphate Monohydrate (HPMSM).
  • Manganese is used in the vast majority of NCM batteries. HPMSM is currently the lowest cost NCM cathode metal and lowers the cost of batteries.
  • SUH strives to produce Zero Carbon Manganese for HPMSM or similar.

The Company is currently seeking potential JV partners interested in this project.