PERU / LONDON (IT BOLTWISE) – Rising demand for manganese in North America, particularly for battery production, is driving focus on new exploration projects. Aftermath Silver is exploring the potential of the Berenguela deposit in the Peruvian highlands to reduce dependence on China. The strategic importance of these metals could provide geopolitical advantages.
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North America’s increasing reliance on manganese, a crucial metal for battery production, has reinforced the need for diversification in the manganese market. While China currently dominates the market, North American countries are looking for alternative sources to secure their supplies. In this context, Aftermath Silver’s Berenguela project in Peru becomes increasingly important.
The project, located in the Peruvian highlands, is exploring the possibilities of mining silver, copper and especially manganese. The deposit impresses with significant mineralization that reaches depths of up to 100 meters. Manganese makes up 44% of resource components and could provide a solution to increasing demand in the electric car and battery industries.
The geopolitical situation plays a crucial role in the assessment of such projects. North America is seeking to reduce its dependence on China, and projects like the one in Peru could benefit from these developments. The US has classified manganese as a strategically relevant mineral, further underscoring the importance of such exploration projects.
Aftermath Silver, led by CEO Ralph Rushton, is advancing a comprehensive pre-feasibility study of the project. The existing infrastructure, including roads and railways, provides favorable conditions for the development of the project. Despite challenges in the global market, the project appears well positioned to meet increasing demand for strategic metals.
The exploration and development of such projects, which are often years before production begins, are heavily influenced by the international market situation. Companies that invest in politically stable regions with solid trade agreements therefore deserve increased attention. The strategic importance of manganese for battery production could increase even further in the future, which further underlines the importance of the Berenguela project.
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