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Giyani Announces Positive Definitive Feasibility Study Results for the K.Hill Battery-Grade Manganese Project in Botswana
Giyani Metals Corp. (TSXV: EMM) (GR: A2DUU8) ("Giyani" or the "Company"), is pleased to announce the results of the Definitive Feasibility Study ("DFS") for its 100%-owned K.Hill Battery-Grade Manganese Project ("K.Hill" or the "Project"), located in the Kanye Basin, Botswana. The DFS supports the declaration of Mineral Reserves and demonstrates strong project economics for the production of battery-grade manganese including high-purity manganese sulphate monohydrate ("HPMSM") and high-purity ma
About this update from Giyani Metals Corp
[{"type":"text","content":"TORONTO, May 28, 2026 /CNW/ - Giyani Metals Corp. (TSXV: EMM) (GR: A2DUU8) ("Giyani" or the "Company"), is pleased to announce the results of the Definitive Feasibility Study ("DFS") for its 100%-owned K.Hill Battery-Grade Manganese Project ("K.Hill" or the "Project"), located in the Kanye Basin, Botswana. The DFS supports the declaration of Mineral Reserves and demonstrates strong project economics for the production of battery-grade manganese including high-purity manganese sulphate monohydrate ("HPMSM") and high-purity manganese oxide ("HPMO") for the global battery materials market.","length":663,"tagName":"p"},{"type":"text","content":"DFS Highlights (Base Case, Real US$, 8% Discount Rate):","length":55,"tagName":"p","attribs":{"class":"wcag-arialevel-2"},"className":""},{"type":"list","items":[{"val":[{"type":"text","content":"Strong economic returns: a post-tax net present value ("NPV"), at an 8% discount rate, of US$481.5 million and a post-tax internal rate of return ("IRR") of 20.3%.","length":183,"tagName":"p"}]},{"val":[{"type":"text","content":"Strong free cash flow and operating margins: net free cash flow over the Life of the Project ("LOP") is estimated at US$1.6 billion with an operating margin of 46%.","length":174,"tagName":"p"}]},{"val":[{"type":"text","content":"Dual battery product offerings: HPMSM and HPMO, and a saleable by-product.","length":74,"tagName":"p"}]},{"val":[{"type":"text","content":"Geological upside: Inferred resources of 4.4 million tonnes are excluded from the LOP, providing potential to extend mine life and support a higher-grade production profile for a longer period.","length":193,"tagName":"p"}]},{"val":[{"type":"text","content":"Demonstration plant: The successful operation of the demonstration plant has been fundamental in supporting the final development of the process that now serves as the basis for the DFS.","length":186,"tagName":"p"}]},{"val":[{"type":"text","content":"Further optimization work: Manganese recovery is 87% with additional test work planned to further improve economics. Other initiatives include front-end engineering and design ("FEED") work including plant layout optimisation, increased utilization of solar power, evaluation of lower-carbon reagent sourci...