Giyani Metals Corp. Achieves Milestone with K.Hill Mining Licence

Giyani Metals Secures Mining Licence for K.Hill Project

Giyani Metals Corp. (TSXV: EMM, Frankfurt: KT9), the developer of the K.Hill battery-grade manganese project, has received news that will significantly accelerate its operations. The Company is excited to announce that it has been granted a Mining Licence for K.Hill by Botswana's Ministry of Minerals and Energy. This milestone marks less than nine months since Giyani submitted its application, demonstrating the streamlined processes in place for mining operations in Botswana.

Understanding the Mining Licence Process

The Mining Licence reflects Giyani's dedication and the collaborative effort with local communities and government entities. The timeline from application to approval was significantly swift, highlighting the supportive environment for mining ventures within Botswana. The project began its journey in early 2023, and Giyani received an Environmental Authorisation earlier this year, laying the groundwork for the Mining Licence.

Key Highlights of the Licence

The granted Mining Licence is set for a duration of 15 years and includes the potential for multiple renewals, each lasting up to 25 years based on the Botswana Mines and Minerals Act. Additionally, the chosen mining area is adequately sized to meet K.Hill’s operational needs throughout its extensive projected lifespan, which is outlined in the recently prepared Preliminary Economic Assessment.

Impact on Local and National Stakeholders

One of the standout aspects of Giyani’s application process was the positive feedback received from various stakeholders in Botswana. The efficient timeline for securing the Mining Licence demonstrates both the Company’s strong relationships within the region and the benefits expected for the local community. Giyani's mining project is poised to contribute to local economies, offering job opportunities and enhancing economic growth.

Path Forward: From Approval to Production

With the Mining Licence in hand, Giyani is now focused on advancing the production phase at its Demonstration Plant located in Johannesburg, South Africa. This facility is set to play a crucial role in producing battery-grade manganese, a vital component for the growing electric vehicle (EV) industry. Production from the Demonstration Plant is anticipated to enable Giyani to complete critical offtaker qualifications, moving the project closer to final agreements and partnerships.

Future Developments and Studies

The Company has also initiated a Definitive Feasibility Study (DFS), which is expected to enhance the existing Preliminary Economic Assessment and will rely heavily on data from the Demonstration Plant. The DFS will aim to optimize operational efficiency and minimize environmental impact, critical factors as the world increasingly focuses on sustainability in resource extraction.

Giyani’s Role in Sustainable Mineral Production

Giyani is dedicated to becoming a leading producer of sustainable and low-carbon battery-grade manganese for the EV sector. The Company utilizes a proprietary hydrometallurgical process to create High Purity Manganese Sulphate Monohydrate (HPMSM), essential for lithium-ion battery production. With a commitment of US$26 million secured from strategic partners, Giyani is set to enhance its capabilities and further its goal of promoting green energy solutions.

Company Leadership Remarks

Charles FitzRoy, President and CEO of Giyani, expressed his gratitude towards the Ministry of Minerals and Energy and other stakeholders involved in the expedited Mining Licence process. He emphasized the significant achievement of securing this vital approval in such a short time frame and highlighted the effective review processes upheld by the Department of Mines. This milestone not only validates Giyani’s efforts but also reinforces Botswana’s reputation in the global mining investment sphere.

Frequently Asked Questions

What is the significance of the Mining Licence for Giyani Metals Corp.?

The Mining Licence allows Giyani to commence operations at the K.Hill project, enabling the production of critical battery-grade manganese for the EV industry.

How long is the Mining Licence valid?

The Mining Licence is valid for 15 years and can be renewed multiple times for up to 25 years each time.

What is the next step for Giyani following the licence approval?

Giyani will focus on producing battery-grade manganese at its Demonstration Plant and completing a Definitive Feasibility Study.

What role does Giyani play in sustainable battery manufacturing?

Giyani aims to become a leading producer of sustainable, low-carbon high-purity manganese, which is essential for lithium-ion batteries used in electric vehicles.

Who leads Giyani Metals Corp.?

Giyani is led by Charles FitzRoy, who serves as the President and CEO, guiding the company's strategic vision and operations.

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