Electric Metals and Lucid Pledge Strategic Collaboration to Promote Use of Domestic Critical Minerals Within Automotive Supply Chain
Electric Metals (OTCQB:EMUSF) has signed a Memorandum of Understanding with Lucid Group as part of the newly formed Minerals for National Automotive Competitiveness (MINAC) initiative. This strategic collaboration aims to reduce U.S. dependence on foreign critical minerals in the automotive supply chain.
The initiative aligns with the Presidential Executive Order on critical minerals and includes other key players such as Alaska Energy Metals Corporation, Graphite One Inc., and RecycLiCo Battery Materials Inc. Electric Metals plans to provide domestic high-purity manganese products for both civilian and defense applications. The collaborative's formal launch includes a panel discussion featuring Arizona Governor Katie Hobbs and other political figures in Washington, D.C.
Electric Metals (OTCQB:EMUSF) ha firmato un Memorandum d'Intesa con Lucid Group nell'ambito della nuova iniziativa Minerals for National Automotive Competitiveness (MINAC). Questa collaborazione strategica mira a ridurre la dipendenza degli Stati Uniti dai minerali critici esteri nella catena di approvvigionamento automobilistica.
L'iniziativa è in linea con l'Ordine Esecutivo Presidenziale sui minerali critici e coinvolge altri attori chiave come Alaska Energy Metals Corporation, Graphite One Inc., e RecycLiCo Battery Materials Inc. Electric Metals prevede di fornire prodotti nazionali di manganese ad alta purezza per applicazioni civili e di difesa. Il lancio ufficiale della collaborazione comprende una tavola rotonda con la partecipazione della governatrice dell'Arizona Katie Hobbs e altre figure politiche a Washington, D.C.
Electric Metals (OTCQB:EMUSF) ha firmado un Memorando de Entendimiento con Lucid Group como parte de la nueva iniciativa Minerals for National Automotive Competitiveness (MINAC). Esta colaboración estratégica busca reducir la dependencia de EE.UU. de minerales críticos extranjeros en la cadena de suministro automotriz.
La iniciativa está alineada con la Orden Ejecutiva Presidencial sobre minerales críticos e incluye a otros actores clave como Alaska Energy Metals Corporation, Graphite One Inc., y RecycLiCo Battery Materials Inc. Electric Metals planea proveer productos nacionales de manganeso de alta pureza para aplicaciones civiles y de defensa. El lanzamiento formal del grupo colaborativo incluye una mesa redonda con la participación de la gobernadora de Arizona Katie Hobbs y otras figuras políticas en Washington, D.C.
Electric Metals (OTCQB:EMUSF)는 새롭게 출범한 Minerals for National Automotive Competitiveness (MINAC) 이니셔티브의 일환으로 Lucid Group과 양해각서(MOU)를 체결했습니다. 이 전략적 협력은 미국의 자동차 공급망에서 외국산 핵심 광물 의존도를 줄이는 것을 목표로 합니다.
이 이니셔티브는 대통령 행정명령에 부합하며 Alaska Energy Metals Corporation, Graphite One Inc., RecycLiCo Battery Materials Inc 등 주요 업체들도 참여하고 있습니다. Electric Metals는 민간 및 국방용 고순도 망간 제품을 국내에서 공급할 계획입니다. 협력체의 공식 출범 행사는 애리조나 주지사 케이티 홉스와 워싱턴 D.C.의 다른 정치인들이 참여하는 패널 토론을 포함합니다.
Electric Metals (OTCQB:EMUSF) a signé un protocole d'entente avec Lucid Group dans le cadre de la nouvelle initiative Minerals for National Automotive Competitiveness (MINAC). Cette collaboration stratégique vise à réduire la dépendance des États-Unis aux minéraux critiques étrangers dans la chaîne d'approvisionnement automobile.
L'initiative s'aligne sur l'Ordre Exécutif Présidentiel concernant les minéraux critiques et inclut d'autres acteurs clés tels que Alaska Energy Metals Corporation, Graphite One Inc., et RecycLiCo Battery Materials Inc. Electric Metals prévoit de fournir des produits nationaux de manganèse à haute pureté pour des applications civiles et de défense. Le lancement officiel du groupe collaboratif comprend une table ronde avec la gouverneure de l'Arizona, Katie Hobbs, et d'autres personnalités politiques à Washington, D.C.
Electric Metals (OTCQB:EMUSF) hat eine Absichtserklärung mit Lucid Group im Rahmen der neu gegründeten Initiative Minerals for National Automotive Competitiveness (MINAC) unterzeichnet. Diese strategische Zusammenarbeit zielt darauf ab, die Abhängigkeit der USA von ausländischen kritischen Mineralien in der Automobilzulieferkette zu verringern.
Die Initiative steht im Einklang mit der präsidialen Exekutivverordnung zu kritischen Mineralien und umfasst weitere wichtige Akteure wie Alaska Energy Metals Corporation, Graphite One Inc. und RecycLiCo Battery Materials Inc. Electric Metals plant, inländische hochreine Manganprodukte für zivile und militärische Anwendungen bereitzustellen. Der offizielle Start der Zusammenarbeit beinhaltet eine Podiumsdiskussion mit der Gouverneurin von Arizona, Katie Hobbs, und weiteren politischen Persönlichkeiten in Washington, D.C.
- Strategic partnership with major EV manufacturer Lucid Group
- Alignment with U.S. government initiatives on critical minerals
- Potential to secure position in domestic EV supply chain
- Political support from state and federal representatives
- MoU is non-binding and preliminary in nature
- No specific financial commitments or timelines mentioned
Companies Sign Memorandum of Understanding as Part of New “Minerals For National Automotive Competitiveness (“MINAC”) Collaborative Joined by Select Group of Miners and Processors
Initiative Aligns with Presidential Executive Order on Critical Minerals
TORONTO, ON / ACCESS Newswire / July 23, 2025 / Electric Metals (USA) Limited ("EML" or the "Company") (TSXV:EML)(OTCQB:EMUSF) is pleased to announce that it has entered into a Memorandum of Understanding (MoU) with Lucid Group, Inc (Lucid), maker of the world's most advanced electric vehicles, as part of the newly created Minerals for National Automotive Competitiveness (MINAC), a collaborative aimed at fostering economic growth while reducing U.S. over-reliance on foreign supplies of critical minerals within the automotive supply chain.
In accordance with President Trump's March 20 Executive Order "Immediate Measures to Increase American Mineral Production," MINAC resolves to promote the use of domestic critical minerals within the U.S. automotive supply chain to bolster local economies and generate high-quality employment opportunities. Electric Metals and Lucid are joined by a select group of mining and mineral processing companies sharing the same goals, including Alaska Energy Metals Corporation (AEMC), Graphite One Inc. (G1), RecycLiCo Battery Materials Inc. (RecycLiCo).
"For years, U.S. industries-including the automotive supply chain-have relied on foreign sources like China for critical minerals," said Brian Savage, CEO of Electric Metals (USA). "Electric Metals aims to provide a secure, domestic source of high-purity manganese products for both civilian and defense uses. Our efforts support U.S. policy goals as demand grows for non-Chinese critical materials, and we look forward to collaborating with our MINAC partners to strengthen America's critical mineral supply chains."
As part of MINAC's formal launch today, the collaborative will participate in a panel discussion at an event featuring Arizona Governor Katie Hobbs, Senator Dan Sullivan, and Representatives Nick Begich and Andy Biggs in Washington, D.C.
ABOUT MINAC
MINAC is a partnership among North American mineral and automotive producers to develop the domestic supply chains that will support national security and enable American energy leadership. The collaboration promotes the use of the United States' vast mineral resources to create jobs, fuel prosperity, and significantly reduce reliance on foreign nations within the automotive supply chain; potentially unlocking billions in investment in mining, minerals processing, and derivative products manufacturing.
About Electric Metals (USA) Limited
Electric Metals (USA) Limited (TSXV:EML)(OTCQB:EMUSF) is a US-based mineral development company with manganese and silver projects geared to supporting the transition to clean energy. The Company's principal asset is the Emily Manganese Project in Minnesota, the highest-grade manganese deposit in North America, which has been the subject of considerable technical studies, including National Instrument 43-101 Technical Reports - Resource Estimates. The Company's mission in Minnesota is to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets. With manganese playing a critical and prominent role in lithium-ion battery formulations, and with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, the State of Minnesota and for the Company's shareholders.
For further information, please contact:
Electric Metals (USA) Limited
Brian Savage
CEO & Director
(303) 656-9197
Forward-Looking Information
This news release contains "forward-looking information" and "forward-looking statements" (collectively, "forward-lookinginformation") within the meaning of applicable securities laws. Forward-looking information is generally identifiable by use of the words "believes," "may," "plans," "will," "anticipates," "intends," "could", "estimates", "expects", "forecasts","projects" and similar expressions, and the negative of such expressions.
Such statements in this news release include, without limitation: the ability of the Company to complete the Offering; the size, terms and timing of the Offering; participation in the Offering by insiders of the Company; the timing and receipt of TSXV and other approvals required in connection with the Offering; the intended use of proceeds of the Offering; the Company's mission to become a domestic US producer of high-value, high-purity manganese metal and chemical products to supply the North American electric vehicle battery, technology and industrial markets; that manganese will continue to play a critical and prominent role in lithium-ion battery formulations; that with no current domestic supply or active mines for manganese in North America, the development of the Emily Manganese Project represents a significant opportunity for America, Minnesota and for the Company's shareholders; and planned or potential developments in ongoing work by Electric Metals.
These statements address future events and conditions and so involve inherent risks, uncertainties and other factors that could cause actual events or results to differ materially from estimated or anticipated events or results implied or expressed in such forward-looking statements. Such risks include, but are not limited to, the failure to obtain all necessary stock exchange and regulatory approvals; investor interest in participating in the Offering; and risks related to the exploration and other plans of the Company. Forward-looking information is based on the reasonable assumptions,estimates, analysis and opinions of management made in light of its experience and perception of trends, updated conditions and expected developments, and other factors that management believes are relevant and reasonable in the circumstances at the date such statements are made. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such information.Accordingly, readers should not place undue reliance on forward-looking information.
All forward-looking information herein is qualified in its entirety by this cautionary statement, and the Company disclaims any obligation to revise or update any such forward-looking information or to publicly announce the result of any revisions to any of the forward-looking information contained herein to reflect future results, events, or developments,except as required by law.
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.
SOURCE: Electric Metals (USA) Limited
View the original press release on ACCESS Newswire
FAQ
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