Manganese (Mn) is an essential metal with numerous applications across various industries, particularly in the production of steel and stainless steel, and its growing use in electric vehicle (EV) battery technology. Nearly 90% of manganese produced globally is used in the steel industry. Manganese alloys impart properties like hardness and strength in products ranging from automotive steel sheets to construction materials. Manganese also finds chemical applications in fertilizers, batteries, and oxidizers. Report Highlights: (1.0) Infrastructure Projects (1.1) One of the main drivers of manganese demand is steel production. (1.2) Billion-dollar infrastructure projects in various countries require high-quality steel and could increase manganese demand. (2.0) Manganese is an EV Battery Metal (2.1) A significant catalyst driving manganese demand is the growing battery industry as it plays a crucial role as a cathode material in lithium-ion (Li-ion) batteries, which are used in EVs, consumer electronics, and power storage systems. (2.2) New battery chemistries developed to improve energy density and reduce weight often use more manganese. (2.3) EV companies, battery manufacturers, and chemical companies have been actively pursuing partnerships with mining companies to secure the required crucial minerals. (3.0) Potential Supply Deficit as Early as 2024 (3.1) Given the forecasted EV growth, several reports are indicating a potential supply deficit in the manganese market as early as 2024. (4.0) Secure Supply Chains (4.1)With recent geopolitical and supply chain issues, European and North American industries need to secure a supply chain for critical minerals, including manganese. (5.0) Company Spotlight – Elcora Advanced Materials Corp. (5.1) Elcora’s focus spans the mining, processing, and refining of battery-related minerals and metals. (5.2) Elcora is advancing manganese mining operations at its Atlas Fox Deposit and developing it Atlas Lion Deposit, which hosts both lead and vanadium. (6.0) Other companies mentioned in this report include: African Rainbow Minerals Limited (JSE: ARI), Anglo American (LSE: AAL), Element 25 Limited (ASX: E25), Eramet S.A. (ENXTPA: ERA), Jupiter Mines Limited (ASX: JMS), OM Holdings Limited (ASX: OMH), South32 (ASE: S32), and Vale S.A. (NYSE: VALE | BOVESPA: VALE3).