SHANGHAI, May 29, 2026 - (ACN Newswire) - Sigenergy today introduced SigenAgent, the energy industry’s first all-domain AI agent, fundamentally changing how households and businesses interact with renewable energy.

Unveiled during the company’s "AI in All" event, SigenAgent elevates solar-and-storage hardware from basic, reactive equipment into autonomous, goal-driven systems.

As global energy dynamics transition from power generation to complex, volatile consumption models, manual management has hit its limit. SigenAgent solves this by allowing hardware to actively interpret and execute broad user goals.

"True AI is not just a chatbot companion," said Tony Xu, Founder and CEO of Sigenergy. "It is a partner that understands your goals, executes tasks on your behalf, and continuously learns over time."

The Vision: User Sets the Goal, AI Handles the Rest

SigenAgent operates on a continuous loop of perception, reasoning, and action. By synthesizing real-time factors like weather patterns, fluctuating electricity prices, and grid conditions, it automatically charts and executes the most efficient operational path.

To deliver complete energy management, SigenAgent deploys four specialized, autonomous capabilities:

Energy Manager: Brings "autonomous driving" to home solar-and-storage systems. Users simply set macro targets—such as lowering utility bills or securing backup power—and the system automatically configures and runs the hardware.

System Doctor: Replaces manual logs with "second-level diagnosis." A single command triggers an immediate, station-wide scan that pinpoints system anomalies and reports root causes, drastically lowering maintenance overhead.

Power Trader: Maximizes revenue for storage assets in highly volatile, high-frequency electricity markets by optimizing real-time trading and Virtual Power Plant (VPP) responses.

Business Assistant: Links directly to enterprise data lakes to dissolve information silos across production and delivery, providing clear, data-driven operational recommendations.

Built on a Foundation of Hardware and Safety

SigenAgent is not an isolated software patch, but the culmination of Sigenergy's long-term hardware and software integration. CEO Tony Xu emphasized that AI in energy requires more than algorithms; it demands a reliable physical foundation.

Today, over 200,000 global power stations run on Sigenergy hardware. Built on this bedrock, Sigenergy utilizes all-domain sensing across generation, storage, charging, and grid access—supported by 100M high-speed networks, WLAN-Mesh, and Sub-1G communications to create a seamless, closed-loop operational environment.

Thanks to an AI-ready architecture, existing operational units can access these agent features via seamless over-the-air (OTA) software updates.

While granting execution capabilities to AI, the system enforces strict architectural boundaries to guarantee safety and user trust:

User Authorization: SigenAgent operates strictly as an assistant, requiring explicit user approval for critical parameter changes.

Secure Infrastructure: Localized data storage across six global data centers ensures absolute compliance with regional privacy laws.

Offline Resilience Guaranteed: Pre-programmed dynamic backup strategies ensure the system continues to run smoothly even during network outages.

Transparent AI Decision: A fully transparent user interface eliminates the "AI black box," mapping out exactly why a system is charging or discharging over a 24-hour window.

SigenAgent is designed to meet users where they are, integrating seamlessly into common workflows and messaging applications like WhatsApp and Telegram.

Standardizing the Intelligence Era

To help define this new era of energy, Sigenergy collaborated with Frost & Sullivan to publish the 2026 AI-Powered New Energy White Paper.

The report outlines the Energy Intelligence Level (EIL) framework—a five-tier classification system modeled after autonomous driving standards—designed to guide the industry's transition from individual device intelligence to fully autonomous, system-wide optimization.

"What Sigenergy is delivering today is not just a product, or a tech upgrade—we are delivering a completely new energy lifestyle," said Xu. "Users can optimize every kilowatt-hour without needing to understand complex technical details. Energy systems are shifting from passive hardware into active companions."

About Sigenergy

Founded in 2022 and headquartered in Shanghai, Sigenergy (6656.HK) is a technology-driven company focused on innovation in the new energy sector. Leveraging advanced digital intelligence and a highly skilled talent base, the company has expanded across photovoltaic (PV) generation, smart energy storage, and high-efficiency electric vehicle (EV) charging solutions.

Guided by its “AI in All” strategy, Sigenergy integrates artificial intelligence across its product ecosystem to deliver safer, smarter and more efficient energy solutions for households and businesses worldwide.

For more information, visit: www.sigenergy.com

Media Contact

Tracy Li
Email: tracy.li@sigenergy.com

BRISBANE, AUS, May 21, 2026 - (JCN Newswire) - Hitachi Energy has successfully delivered and is now supporting the Ulinda Park battery energy storage system (BESS) in Queensland, Australia, through the supply of power converters and a new HMAX Energy(*1) service agreement. Developed and operated by Akaysha Energy(*2), the 155 megawatt (MW) / 298 MWh project is designed to support grid stability, firm renewable generation, and participate in Australia’s National Electricity Market(NEM), including Frequency Control Ancillary Services (FCAS).

(*1) About HMAX Energy
(*2) About Akaysha Energy

The coming decades will place new demands on the global electricity system, as power becomes the foundation for economic growth, AI, digitalization, and the clean energy transition. As Australia’s grid evolves to integrate renewable energy at scale, maintaining long-term reliability has become a key constraint on system growth. 

Located in Queensland’s Western Downs region, Ulinda Park operates in one of Australia’s most demanding electricity environments. As the energy system becomes more dynamic and decentralized, maintaining availability, fast response, and regulatory compliance throughout the full lifecycle is critical.

With proven expertise gained from some of the world's most challenging BESS deployments, Hitachi Energy first delivered a complete technical solution for Ulinda Park: power conversion, control technology, factory testing, commissioning, and regulatory integration support required to enable successful entry into the NEM.

To sustain performance and reliability, Akaysha Energy entered into a 20-year long-term service agreement (LTSA) with Hitachi Energy. Delivered as part of the HMAX Energy suite, including IoT (Internet of Things) connectivity across assets, the agreement future-proofs Ulinda Park into a software-enabled, performance-managed system that contributes to the stability and reliability of Queensland’s electricity system.

Through these type of service agreements, Hitachi Energy enables customers to plan, predict, and prevent operational disruptions by combining long-term planning with continuous monitoring, predictive insights, and preventive maintenance, supported by 24/7 remote and on-site expertise. As AI becomes more integrated with physical assets, it also becomes part of the service offering.

The agreement also establishes clear accountability for performance and availability across the full asset lifecycle. AI-enabled support solutions strengthen the ability to predict potential issues before they occur, helping to ensure reliable market participation and regulatory compliance, while maintaining the safe and stable operation of one of Queensland’s largest battery energy storage systems.

“As Australia accelerates renewables integration, reliability, predictability, and scale become critical differentiators for power conversion solutions. The country’s energy profile and mix of resources uniquely demonstrates what a digitally-enabled, distributed grid can achieve. Hitachi Energy is proud to play a key role in Ulinda Park operations so the assets can operate safely, meet market and regulatory demands, and deliver the fast response for now and for the future,” added Massimo Danieli, CEO, Grid Automation, Hitachi Energy.

“The future energy system will be built on asset intelligence,” said Wolf Mueller, CEO, Service, Hitachi Energy. “Battery storage projects like Ulinda Park show the powerful combination of deep technology expertise, advanced digital skills and long-term service partnerships - supporting customers throughout the lifecycle of their assets.”

“Ulinda Park is now delivering fast frequency response and energy shifting in the National Electricity Market, improving system stability and giving us the flexibility to respond to market signals,” said Feri Hamori, Chief Operating Officer, Akaysha Energy. “With a standardized platform in place and a strong services solution, we are well-positioned to build on this performance as our footprint expands”.

What is HMAX Energy? The electrification of many industries and the rise of new power-intensive sectors are accelerating the need to expand and modernize the power grid. In most countries, the grid infrastructure has already exceeded its expected lifetime and was not designed to meet today’s demands. Increasing the availability and extending the lifetime of existing assets has never been more critical, making partnerships more important than ever.

HMAX Energy is Hitachi's AI-powered suite of services and solutions – designed to safeguard critical energy infrastructure while enabling operational efficiency. Delivered through trusted customer partnerships, HMAX Energy optimizes planning, prediction, and prevention – strengthening energy security and resilience. At its core, HMAX Energy enables asset intelligence - laying the foundation for a Physical AI future.

About Hitachi Energy

Hitachi Energy is a global leader in electrification, powering the electricity era to meet the energy demands of today, and the next 25 years. As the energy arm of Hitachi Group, over three billion people depend on our pioneering, mission-critical technologies to power their daily lives. With over a century of innovation, we are addressing the most urgent energy challenge of our time: driving the evolution of the world’s energy system to ensure abundant, secure, affordable, and sustainable power for today’s generation and the next. With an unparalleled installed base in over 140 countries, we are the grid ecosystem partner across the utility, industry, data center, and transportation sectors. Headquartered in Switzerland, we employ over 56,000 people in 60 countries and generate revenues of around $20 billion USD.

https://www.hitachienergy.com
https://www.linkedin.com/company/hitachienergy
https://x.com/HitachiEnergy

About Hitachi, Ltd.

Through its Social Innovation Business (SIB) that brings together IT, OT(Operational Technology) and products, Hitachi aims to be a global leader in continuously transforming social infrastructure through digital, contributing to a harmonized society where the environment, wellbeing, and economic growth are in balance. Hitachi operates worldwide across four sectors – Digital Systems & Services, Energy, Mobility, and Connective Industries – as well as a Strategic SIB Business Unit focused on new growth areas. With Lumada at its core, Hitachi creates value by combining data, technology and domain knowledge to solve customer and social challenges. Revenues for FY2025 (ended March 31, 2026) totaled 10,586.7 billion yen, with 606 consolidated subsidiaries and approximately 290,000 employees worldwide. Visit us at www.hitachi.com.

Vancouver, British Columbia--(ACN Newswire - May 14, 2026) - Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) and its subsidiary Mangan Chvaletice, s.r.o. ("Mangan" and together the "Company", "Euro Manganese" or "EMN") is pleased to announce the results of a new Preliminary Economic Assessment ("PEA") for the development of its Chvaletice Manganese Project ("Chvaletice Manganese Project", "CMP", or "Project") in the Czech Republic.

The PEA is a result of the Company's Optimization Program previously announced¹, and builds on the extensive knowledge presented in the Company's Technical Report and Feasibility Study for the Chvaletice Manganese Project, Czech Republic, dated effective July 27, 2022^[2], (the "2022 Feasibility Study"). The PEA responds to current market conditions and incorporates the Company's testing campaigns, demonstration plant learnings, and prospective customer testing and feedback to provide an updated preliminary and conceptual development path for the Chvaletice Manganese Project.

With most permits secured, a finalized Environmental Impact Assessment ("ESIA"), and official designation as a Strategic Deposit under Czech law and a Strategic Project under the EU Critical Raw Materials Act, Euro Manganese is ready to respond to customers seeking a fully traceable battery-grade manganese supply chain, reducing dependence on Chinese sources and supporting strategic mineral independence objectives.

The Chvaletice Manganese Project is well placed to take advantage of U.S. federal procurement and incentive frameworks that increasingly require that critical battery materials — including high-purity manganese used in electric vehicle and energy storage applications — be sourced from allied and US National Defense Act ("NDAA") compliant nations. The Czech Republic, as a NATO member and close U.S. ally, qualifies as an NDAA-compliant source country.

HIGHLIGHTS

(All economic values are in US dollars unless indicated otherwise)

• Strong Operating Margin of 48%, demonstrating resilience of the Project and the potential to generate significant returns across commodity price cycles.

• Robust Returns: Pre-tax IRR of 16.0% and Post-tax IRR of 13.8%, underpinned by a pre-tax NPV of $740M and post-tax NPV of $492M (8% discount rate), showing favorable preliminary economic indicators on historically conservative pricing assumptions.

• Higher Recoveries, 60% for High-Purity Manganese Sulphate Monohydrate (HPMSM) and 61% for High Purity Manganese Metal (HPEMM), reflecting additional metallurgical test work, operational learnings from the demonstration plant, and process engineering updates.

• Revised Flowsheet supports 50,000 tpa of HPEMM with full conversion to 150,000 tpa of HPMSM, aligning with battery industry demand while maintaining flexibility to deliver both HPEMM and HPMSM products as customer needs evolve.

• Newly incorporated magnesium carbonate ("MgCO₃") resource as a by-product enables production of up to 20,000 tpa MgCO₃, adding incremental value with minimal capital.

• CAPEX costs remain broadly consistent with the 2022 Feasibility Study, including with increased HPMSM output, despite an inflationary environment.

• OPEX reduced for per unit cost of HPMSM compared to the 2022 Feasibility Study, due to increased production of HPMSM and updated reagents and energy costs.

• Updated pricing assumptions demonstrates potential economic viability of the Project even under conservative current market conditions, underscoring its durability through price cycles.

• Phased development reduces upfront capital requirements, lowers funding risk, and allows further optimization before full-scale expansion.

• Phase II buildout planned shortly after Phase I commissioning to maximize project value and shareholder returns.

• Initial Capital, Phase One (50% capacity): $627.5M; Plant Capacity Expansion Capital, Phase Two (to 100% capacity): $197.8M.

• Annual nominal production: 150,000 tpa HPMSM.

• Project life: 26 years.

• Average life of project HPMSM price assumed at $2,888 per tonne.

NEXT STEPS

The PEA has enabled the Company to optimize inputs based on current pricing, establishing the possibility for a two-stage construction strategy. This phased approach has the potential to allow for further optimization in phase two, lower upfront capital requirements, and enhance project economics by aligning investment with cash flow.

The Company will now advance the Chvaletice Manganese Project further towards a full feasibility study, with a targeted completion in H1 2027.

The Company will also continue to monitor high purity manganese markets and strategic sectors to which it contributes, including energy transition, grid-scale energy storage, e-mobility and aerospace and defence technologies.

The Company will continue to engage with potential customers to secure additional offtake term sheets, pursue offtake agreements, and continue product testing.

In addition, during 2026, the Company is focused on the following key priorities to position the Project for its next development phase by:

• Advancing the financing strategy by securing funding for Project priorities and progressing strategic financing discussions with potential partners;
• Completing the acquisition of, or access to, the remaining land surface rights required for full Project development;
• Strengthening the Project's regulatory foundation through the continuous advancement of permitting, further reducing development risk and demonstrating Project readiness; and
• Maximizing non-dilutive capital by actively pursuing grants and incentives available from the EU and the Czech state.

Martina Blahova, President & CEO of Euro Manganese, commented:

"The publication of these PEA results marks another important milestone for the Chvaletice Manganese Project. Our recent optimization work has delivered measurable improvements in recovery, confirming both the strength of our technical strategy and the reliability of our process. To enhance capital efficiency and align investment with market demand, we have adopted a phased construction approach that maximizes value while reducing execution risk. The addition of by-product revenue stream further incrementally strengthens the economics of the project.

"This disciplined approach, coupled with conservative product pricing assumptions, supports a robust project profile with a strong operating margin of 48%, underscoring the Project's ability to perform through market cycles. Despite the challenging market and pricing conditions, the PEA results demonstrate the strength and resilience of the Project. It provides a clear pathway to unlocking the full long-term value of the Chvaletice Manganese Project as demand accelerates for localized, traceable, and sustainably produced battery grade high purity manganese. We are built to perform in volatile markets, engineered for operational efficiency, and positioned to play a strategic role in securing resource independence and reducing vulnerability amid an increasingly complex global landscape."

Rick Anthon, Chairman of Euro Manganese, commented:

"As a Board, we are encouraged by the progress reflected in this PEA and confident the Chvaletice Manganese Project can deliver on these terms for its shareholders, customers and stakeholders. The team has advanced the Project with a clear focus on technical rigour, capital efficiency, and responsible development. The phased construction strategy and strengthened economic profile demonstrate a thoughtful approach to building a long-life asset that can scale with market demand.

"With no operating manganese mines in Europe and as the only integrated high purity manganese producer in Europe and North America, the Chvaletice Manganese Project is uniquely positioned to become a cornerstone of Europe's emerging battery materials supply chain. The Project's strategic relevance, combined with its strong environmental credentials and growing commercial traction, reinforces our confidence in its long-term value. We believe the foundations are now firmly in place for Chvaletice Manganese Project to move toward the next stage of development and deliver meaningful returns for shareholders."

PEA SUMMARY AND ECONOMIC ANALYSIS

The PEA was completed by Tetra Tech Canada Inc. ("Tetra Tech"). A NI 43-101 technical report on the PEA will be filed under the Company's profile on SEDAR+ within 45 days of this news release and made available on the Company's website. A JORC report will be lodged with the Australian Securities Exchange ("ASX") ASX shortly thereafter.

The following summarizes the material assumptions used in, and the results of, the PEA, assuming a targeted start of production in 2032.

The Czech corporate income tax rate is 21%. In addition to the royalty of CZK 2,308 per tonne of unit Mn produced, the Czech Republic has various payroll and other taxes to generate revenue.

The Company has modeled the economics of this project conservatively from a tax perspective, with a full tax burden, based on Czech legislated tax rates.

Investment incentives exist in the Czech Republic and the European Union for certain, qualified investments, including investment tax credits, grants, and accelerated depreciation.

The Company is actively pursuing these non-dilutive funding opportunities, including investment tax credits, grants, and accelerated depreciation available under both Czech and EU frameworks.

Sensitivity Analysis

A sensitivity analysis for the Chvaletice Manganese Project was carried out to determine the effects of key variables in relation to the post-tax NPV of $492 million at a real discount rate of 8%. The results of the sensitivity analysis are presented in Table 3 below.

Initial and Sustaining Capital Estimates

Capital expenditure estimates have been prepared for both initial and sustaining capital. A projected summary timeline of scheduled capital costs is shown in Table 4.

The expected initial capital expenditures (Table 4) for the Project, inclusive of capitalized operating startup costs, as estimated by Tetra Tech, as of Q1, 2026, are $627.5 million, including all development-related costs that will be incurred prior to the envisaged commencement of commercial operations. Capital costs incurred after startup are assigned to sustaining capital and are projected to be paid out of operating cash-flows (also see Table 5). Contingencies on initial capital expenditure have been added at appropriate percentages to each component of the Project, excluding capitalized operating costs, resulting in an overall contingency of $66.7 million or 15.5% of direct costs.

The Project site is served by excellent existing infrastructure, including rail, highway, a gas pipeline, and water and is adjacent to an operating power plant. The proposed plant site is zoned for industrial use and is the site of the former process plant that produced the Chvaletice tailings.

New and refurbished infrastructure that will be built to service the Project include a tailings excavation and handling facility: a south and north site connection utility bridge for transporting tailings slurry, return water pipes and the tube conveyor that returns a mixture of non-magnetic tailings and washed leach residue to the residue dry stacking area; a magnetic separation beneficiation plant; enclosed and winterized process plant buildings and various reagent storage facilities and product warehouse; an upgraded rail spur system with related loading/unloading facilities; an internal road network; an incoming electrical 400kV high voltage grid connection including rectifiers, transformers, GIS switchgear, and local distribution step-down transformers; a process equipment maintenance workshop; a mobile fleet maintenance workshop; spare part and maintenance supply warehouses; a comprehensive water management system, onsite laboratories; and general administrative offices.

Operating Cost Estimate

Onsite operating costs are expected to average $181.99 per tonne plant feed ($4.14 per kg Mn equivalent) with offsite operating costs estimated to average $31.73 per tonne plant feed ($0.72 per kg Mn equivalent), as shown in Table 5.

Resource Estimate

Tetra Tech was engaged to oversee the planning and execution of sampling and assaying, to prepare the updated Resource Estimate for EMN's Chvaletice Manganese Project, to prepare the Technical Report in accordance with National Instrument 43-101 - Standards and Disclosures for Mineral Projects, and to prepare the independent JORC Code technical report in accordance with the Joint Ore Reserves Committee Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves 2012 Edition ("JORC Code"). The 43-101 Technical Report, entitled "Technical Report and Mineral Resource Estimate for the Chvaletice Manganese Project, Chvaletice, Czech Republic", with an effective date of December 8, 2018 ("the Mineral Resource Estimate"), was filed on SEDAR on January 28, 2019. The corresponding JORC Code technical report with an effective date of December 8, 2018, was lodged on the ASX on February 6, 2019.

No additional drilling or data collection pertaining to the technical disclosure of mineral inventory has been undertaken since the completion of the Mineral Resource Estimate, and the effective date for Mineral Resource Estimate is revised to April 27, 2026.

The Project's combined Measured and Indicated Resources now amount to 26,960,000 tonnes, grading 7.33% total manganese (tMn) and 5.86% soluble manganese (sMn), as detailed in Table 6 below.

PROCESSING FACILITIES DESCRIPTION

Tailings Extraction, Residue Storage Facility and Reclamation

In the tailings extraction plan, the three tailings cells will be excavated in a counterclockwise sequence, starting with Cell #3, followed by Cells #1 and #2. Tailings will be extracted using shovel excavators and hauled by truck to an intermediate re-pulping and a covered storage station located between Cells #1 and #2. The storage station will create a 5-day material stockpile. Re-pulped tailings will be fed to the magnetic separation plant via a slurry pipeline on a continuous basis.

A filtered blend of non-magnetic tailings and washed leach residue materials from the process plant will be conveyed using a tube conveyor to the storage station and placed and compacted in the Residue Storage Facility (RSF). The excavated area exposed after extraction of the existing tailings will be lined with a geomembrane liner. The RSF will be constructed in stages to suit residue storage requirements and progressively covered to limit the footprint of residue exposed to the air at any given time.

RSF design features include a geomembrane lined bottom, perimeter surface water diversion and a contact water collection system that is integrated with the overall site water management system. Dust management includes the implementation of modern dust suppression methods on open faces, interim stack surfaces and haul roads, as required.

Progressive reclamation will be undertaken as an integrated part of the residue stacking procedure. The filtered residue cover will consist of a low permeability soil and/or geomembrane cover to inhibit erosion and infiltration, and a growth layer to support vegetation growth.

The site is expected to be fully reclaimed and brought back into a productive community to be established in consultation with local communities, regulators and national government agencies. The RSF will be monitored during the post-closure period for geotechnical and environmental performance.

High Purity Manganese Products Production Facility

The processing facilities, including ancillary facilities, for HPMSM production from the CMP tailings were designed by Beijing General Research Institute for Mining ("BGRIMM") together with EMN and Tetra Tech, based on the comprehensive metallurgical test results conducted during the previous PEA and validated through bench scale tests during the feasibility study. Additional metallurgical tests to recover manganese from anode slimes from electrowinning circuit were also conducted to support this PEA.

The study was based on the design work completed for the 2022 Feasibility Study which included process circuit and process equipment optimization. Key equipment items were sized and selected based on the FS design by upgrading HPMSM circuit from the nominal capacity of 100,000 t/a to 150,000 t/a. In addition, two additional circuits, one for manganese recovery from anode slimes produced from the electrowinning circuit using reductive leaching and one for sodium and potassium removal from the HPMSM crystallization circuit by incorporating a high-temperature crystallization bypass system. One additional circuit to convert the magnesium carbonate from waste to a saleable by-product is incorporated into the magnesium removal circuit.

The CMP process plant has been designed for a nominal nameplate production capacity of 150,000 tonnes per annum of HPMSM by processing approximately 1.1 million tonnes of the historical tailings per year.

HPMSM is produced by converting HPEMM flakes produced by electrowinning process without the use of selenium and chromium. This product is expected to best meet the high purity manganese market demand anticipated in current and future battery formulations.

The CMP HPMSM product is designed to contain no less than 99.9% high purity manganese sulfate monohydrate and a minimum of 32.34% manganese and will be sold in powder form, produced without the use of fluorine.

The dried HPMSM powder product will be packed prior to being shipped in trucks or containers to customers .

The process includes following unit circuits:

• High-intensity wet magnetic separation circuit, upgrading the excavated tailings manganese grade to approximately 15% tMn for acid leaching.

• Magnetic concentrate sulfuric acid leaching, neutralization to remove impurities and solid-liquid separation.

• Pregnant leach solution deep purification to further remove heavy metals.

• Manganese electrowinning to produce high purity HPEMM (high-purity electrolytic manganese metal) flakes using a selenium free process.

• A magnesium removal process circuit to ensure efficient electrowinning operations and high-quality product and magnesium carbonate produced as a by-product.

• HPEMM dissolution, solution purification and HPMSM crystallization and drying to produce battery-grade HPMSM for sale.

• Other supporting circuits, such as ammonium recovery system, water management systems, steam generation. The proposed process flow sheet is illustrated in Figure 1 below.

Figure 1: Updated Simplified Process Flowsheet

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/11453/297390_4c2a5f3814e549ad_001full.jpg

ENVIRONMENTAL IMPACTS, PERMITTING AND COMMUNITY ENGAGEMENT

Environmental impacts are monitored over the long term as part of the project. The ESIA process was conducted in two phases, supplemented by several expert studies and on-site monitoring. The result of the ESIA process, which involved participation from relevant authorities and the public, is the positive Environmental and Social Binding Statement, which was issued by the Ministry of Environment in March 2024. The ESIA permit is a crucial permit demonstrating that the assessed impacts on individual environmental components and the social sphere are acceptable and that the project is feasible.

The assessment results show that the implementation of the project will not worsen existing environmental conditions and will not have negative social impacts. Furthermore, the realization of the project will reduce the identified contamination of groundwater and surface water in the tailings and its vicinity, where the source of the pollution is demonstrably deposited material. As the deposit is of anthropogenic origin and the mined material is a waste-product, this constitutes the reuse or recycling of waste, aligning with the principles of the circular economy. The aim of remediation and reclamation is to create a near-natural area with high biodiversity and stability, which will be used for recreational and sports activities.

The ESIA process is followed by a subsequent permitting process when a significant portion of the permits had already been obtained, such as the Permit for the location of the processing plant, the Permit for the location of the rail spur, Product registration under the EU's REACH Regulation, and other permits related to auxiliary activities (utility relocations, grid connection, and others). Another key permit is the Determination of the Mining Lease Permit, which was granted to MANGAN Chvaletice, s.r.o on January 23, 2025; this is another crucial permit which authorizes the company to conduct mining activities. In the following steps, the company will undergo the permitting process stipulated by the Building Act, followed by the final operating permit.

In 2026, the Company will continue to advance the permitting process under the Building Act, targeting completion of the final operating permit pathway in line with the feasibility study timeline. Each permitting milestone achieved further reduces Project risk and reinforces the Company's readiness to move into the next phase of development.

Key Highlights of the Social Commitment:

Significant Economic Catalyst: The Project will act as a primary economic driver in the Pardubice Region, creating 800-1,000 jobs during construction and providing stable, long-term employment for approximately 400 direct staff during operations, with a strong 85% local hiring commitment.

Commitment to Transparency: The Project has established a robust engagement framework, including a dedicated public information center in Chvaletice and dedicated digital platforms (project-specific website and online grievance tools).

Validated Social Acceptance: On March 27, 2024, the Czech Ministry of the Environment issued a favorable binding ESIA opinion, confirming that the Project meets the highest environmental and social standards. The Project currently faces no material barriers to acceptance, reflecting a strong Social License to Operate.

BENEFITS OF PEA AND NEXT STEPS

The PEA enabled the Company to optimize inputs based on current pricing, establishing the possibility for a two-stage construction strategy. This phased approach has the potential to allow for further optimization in phase two, lower upfront capital requirements, and enhance project economics by aligning investment with cash flow. The Company plans to explore this and other avenues to advance the Chvaletice Manganese Project further towards feasibility study, with targeted completion in H1 2027.

The Company will also continue to monitor high purity manganese markets and strategic sectors to which it contributes, including energy transition, grid-scale energy storage, e-mobility and aerospace and defence technologies. The Company will continue to engage with potential customers to secure additional offtake term sheets, pursue offtake agreements, and continue product testing.

In addition, during 2026, the Company is focused on the following key priorities to position the Project for its next development phase by:

• Advancing the financing strategy by securing funding for Project priorities and progressing strategic financing discussions with potential partners;

• Completing the acquisition of, or access to, the remaining land surface rights required for full Project development;

• Strengthening the Project's regulatory foundation through the continuous advancement of permitting, further reducing development risk and demonstrating Project readiness; and

• Maximizing non-dilutive capital by actively pursuing grants and incentives available from the EU and the Czech state.

Competent and Qualified Person Statement

All production targets for the Chvaletice Manganese Project referred to in this news release are underpinned by estimated Measured and Indicated Mineral Resources prepared by Competent Persons and Qualified Persons in accordance with the requirements of the JORC Code and NI 43 - 101, respectively. Additionally, the scientific and technical information included in this news release, is based upon information prepared, verified, and approved by Mr. James Barr, P. Geo, Senior Geologist, Mr. Jianhui (John) Huang, Ph.D., P. Eng., Senior Metallurgical Engineer, Mr. Hassan Ghaffari, P.Eng, M.A.Sc., Senior Process Engineer, Mr. Chris Johns, P.Eng, Senior Geotechnical Engineer, and Mrs. Maurie Marks, P.Eng, Senior Mining Engineer, all with Tetra Tech. Mr. Barr, Mrs. Marks, Mr. Ghaffari, Mr. Johns, Mr. Hasanloo and Mr. Huang are consultants to, and independent of, EMN within the meaning of NI 43-101, and have sufficient experience in the field of activity being reported to qualify as Competent Persons as defined in the JORC Code, and are Qualified Persons, as defined in NI 43-101. Mr. Barr is responsible for the Mineral Resource Estimate, Mr. Huang is responsible for the metallurgical test work results, process engineering, operating cost and capital cost estimates, environmental studies, permitting, and social or community impact. Mr. Ghaffari is responsible for infrastructure, Mrs. Marks is responsible for mining and financial analysis, Mr. Johns is responsible for design of the residue storage facility. Mr. Barr visited the property during the 2017 drilling program and again during the 2018 drilling campaign, on July 30-31st, 2018, during which time he observed the drilling, sample collection and preparation, sample logging and sample storage facilities. Mr. Huang visited the Project site on February 5, 2018 and May 3, 2022, as well as visited the Changsha Research Institute of Mining and Metallurgy Co. ("CRIMM") laboratory and pilot plant facility five times between January 20, 2017 and September 20, 2018 to witness sample preparation and test/assay facilities and to discuss the test program and results with CRIMM's technical team. Mr. Huang also visited the SGS Minerals Services (SGS) laboratory on June 29, 2017, and oversaw the bench scale validation test work completed by BGRIMM. Mrs. Marks, Mr. Johns and Mr. Ghaffari also visited the project site on May 3, 2022. Barr, Huang, Ghaffari, Johns and Marks have no economic or financial interest in the Company and consent to the inclusion in this news release of the matters based on their information in the form and context in which it appears.

In addition, technical information concerning the Chvaletice Manganese Project is reviewed by Dr. David Dreisinger, P. Eng, a Qualified Person under NI 43-101. Dr. Dreisinger has reviewed and approved the information in this news release for which he is responsible and has consented to the inclusion of the matters in this news release based on the information in the form and context in which it appears.

Cautionary Statement

The PEA is a high-level review of potential, is preliminary in nature, and there is no certainty that the economics in the PEA will be realized. The PEA results are not equivalent to, and should not be construed as, a Pre-Feasibility Study or Feasibility Study. Accordingly, investors are reminded that the PEA is considered preliminary in nature and includes estimated costs that are subject to an approximate margin error of plus or minus 35%. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability, and there is no guarantee the Project's resources will eventually be classified as reserves.

The projected process plant design, potential production profile and project plan are conceptual in nature and additional technical studies will need to be completed in order to fully assess their viability. There is no certainty that a potential production decision will be made, or that a commercial operation will be achieved.

A sensitivity analysis for the Project was carried out to determine the effects of key variables in relation to the post-tax NPV of US$492 million using a real discount rate of 8%. The results of the sensitivity analysis are presented in Table 3 of this announcement. Additional sensitivities from changes in capital and operating costs, recoveries, and metal prices are also included in Table 3.

The PEA is also based on the material assumptions outlined in this announcement. These include assumptions about the availability of funding. While EMN considers all of the material assumptions to be based on reasonable grounds, including those related to funding, there is no certainty that they will prove to be correct or that the range of outcomes indicated by the PEA can be achieved.

To achieve the range of outcomes indicated in the PEA, funding in the order of approximately US$670.9 million is assumed to be required for initial capital expenditures and working capital. It is anticipated that funding will be sourced through a combination of equity and debt, and possibly other means; however, given that the PEA is considered preliminary in nature, the Company expects to finalize its financing strategy for the Project in conjunction with, or after, the completion of the feasibility study.

Investors should note that there is no certainty that EMN will be able to raise that amount of funding when needed. It is also likely that such funding may only be available on terms that may be dilutive to or otherwise affect the fundamental value of EMN's existing shares. It is also possible that the Company could pursue other 'value realisation' strategies such as a sale, partial sale or joint venture of the Project. If such strategies are pursued, it could materially reduce EMN's proportionate ownership of the Project. Given the uncertainties involved, investors should not make any investment decisions based solely on the results of the PEA.

Euro Manganese is dual listed on the TSX-V and the ASX. Neither TSX Venture Exchange nor its Regulation Services Provider (as defined by TSXV policies) or the ASX accepts responsibility for the adequacy or accuracy of this release.

Authorized for release by the President and CEO of Euro Manganese Inc.

About Euro Manganese

Euro Manganese Inc. (TSXV: EMN) (ASX: EMN) (FSE: E060) is a battery materials company developing the Chvaletice Manganese Project in the Czech Republic, Europe's only near-term source of high-purity manganese, a critical ingredient in next-generation electric vehicles, energy storage batteries and defence applications.

The Chvaletice Manganese Project aims to reprocess historic mine tailings to produce high-purity electrolytic manganese metal (HPEMM), and high-purity manganese sulphate monohydrate (HPMSM), establishing a fully traceable, low-carbon supply chain within the European Union.

Euro Manganese is positioned to become Europe's first domestic producer of high-purity manganese, meeting the rising demand for sustainable, strategic battery materials while advancing Europe's clean-energy and supply-chain independence goals.

Forward-Looking Statements

Certain statements in this news release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws. Such statements and information involve known and unknown risks, uncertainties and other factors that may cause the actual results, performance, or achievements of the Company, its Chvaletice Project, or industry results, to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information. Such statements can be identified by the use of words such as "may", "would", "could", "will", "intend", "expect", "believe", "plan", "anticipate", "estimate", "scheduled", "forecast", "predict" and other similar terminology, or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

Readers are cautioned not to place undue reliance on forward-looking information or statements. Forward-looking statements are subject to a number of risks and uncertainties that may cause the actual results of the Company to differ materially from those discussed in the forward-looking statements and, even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, the Company.

Forward looking information or statements include all of the results of the PEA, including estimates of internal rates of return (including any pre-tax and after-tax internal rates of return, payback periods, net present values, future production, estimates of cash cost, assumed prices for HPEMM and HPMSM and by-products, proposed extraction plans and methods, operating life estimates, cash flow forecasts, metal recoveries and estimates of capital and operating costs. Forward looking statements also include the possibility for a two-stage construction strategy, and the potential to allow for further optimization of the Project in phase two, with lower upfront capital requirements, and to enhance project economics by aligning investment with cash flow. The Company has based its assumptions and analysis on certain factors that are inherently uncertain, including (i) the adequacy of infrastructure; (ii) the ability to develop adequate processing capacity; (iii) the price of HPEMM and HPMSM and by-products; (iv) the availability of equipment and facilities necessary to complete development; (v) the size of future processing plants and future tailings extraction rates; (vi) the cost of consumables and extraction and processing equipment; (vii) unforeseen technological and engineering problems; (viii) currency fluctuations; (ix) changes in laws or regulations; (x) the availability and productivity of skilled labour; and (xi) the regulation of the mining industry by various governmental agencies.

Forward-looking statements also include statements regarding the Company's strategy for its Chvaletice Project, ability to access high purity manganese markets and strategic sectors to which it contributes, including energy transition, grid-scale energy storage, e-mobility and aerospace and defence technologies and sell its products, the ability to complete a feasibility study in 2027, and the Company's ability to navigate current market conditions. In addition, forward-looking statements include statements regarding the Company's next steps including: advancing financing efforts; seeking strategic partners, finalizing product testing, and negotiating offtake agreements with customers; Securing remaining land access; progressing key permits; and pursuing government funding.

All forward-looking statements are made based on the Company's current beliefs including various assumptions made by the Company, including that the Chvaletice Project will be developed and operate as planned, the results of the PEA are reliable, that the Company will have sufficient financing to continue operations, and that the Company will be able to meet the conditions of its secured financing. Factors that could cause actual results or events to differ materially from current expectations include, among other things: results from the PEA are not accurate; insufficient working capital; inability to meet the conditions of its secured financing, risks due to granting security, lack of availability of financing for developing and advancing the Chvaletice Project; no available government funding or incentives; the potential for unknown or unexpected events to cause contractual conditions to not be satisfied; developments in electric vehicle battery markets and chemistries; risks related to fluctuations in currency exchange rates; and changes in laws or regulations by various governmental agencies. For a further discussion of risks relevant to the Company, see "Risk Factors" in the Company's annual information form for the year ended September 30, 2025, available on the Company's SEDAR+ profile at www.sedarplus.ca.

Although the forward-looking statements contained in this news release are based upon what management of the Company believes are reasonable assumptions, the Company cannot assure investors that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release and are expressly qualified in their entirety by this cautionary statement. Subject to applicable securities laws, the Company does not assume any obligation to update or revise the forward-looking statements contained herein to reflect events or circumstances occurring after the date of this news release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/297390

TOKYO, May 13, 2026 - (JCN Newswire) - Akasaka Heating & Cooling Supply Co., Ltd ("Akanetsu", a TBS Group company) held a Group "Hydrogen Heat Source Facility Commissioning Ceremony" on Tuesday, May 12, 2026.

The company supplies heating, cooling, and electricity to various buildings in the Akasaka 5-chome district of Minato-ku, Tokyo. In renewing its heat source facilities, the company has introduced hydrogen utilization equipment designed with safety in mind, while considering the potential of green hydrogen as a next-generation energy source. Full-scale operations commenced in May 2026. This facility marks the first instance in Tokyo where a private heat supply operator, for commercial purposes, accepts and stores green hydrogen, utilizing it for power generation via fuel cells and for heat supply via hydrogen-co-fired boilers.

First, Ryujiro Abe, President & Chief Executive Officer of TBS Holdings, stated: "The full-scale operation of this green hydrogen facility represents a major step towards the decarbonization of urban infrastructure, and demonstrates the potential of a new social infrastructure from Akasaka. Moving forward, we will continue to accumulate knowledge while ensuring safety and a stable supply, and we will continue to communicate our efforts to society through our GX initiatives. I would like to express my sincere gratitude once again for everyone's support."

Following this, Yuriko Koike, Governor of Tokyo, stated: “Hydrogen is one way to address both stable energy supply and decarbonization. Precisely because the supply of fossil fuels is unstable today, hydrogen is attracting more attention than ever as a game changer that can turn a challenge into an opportunity. The Tokyo Metropolitan Government is advancing a range of initiatives toward realizing a hydrogen society under three key concepts: ‘produce,’ ‘transport’ and ‘use.’ This hydrogen heat source facility is the first initiative to make full-scale use of green hydrogen in the very heart of Tokyo, and the Tokyo Metropolitan Government has supported its introduction. The facility is also expected to use green hydrogen procured through market-based trial transactions conducted by the Tokyo Metropolitan Government. I believe this is an extremely important initiative for expanding demand for green hydrogen in Tokyo. Taking today as a starting point, let us work together to further accelerate our progress toward realizing a clean and safe hydrogen society.”

During the ceremony, guests were shown the ‘hydrogen storage alloy’ contained within the plant's hydrogen tanks, enabling the safe storage of hydrogen at low pressure.

Subsequently, a live broadcast link was established with the hydrogen plant in Akasaka 5-chome, where the safety-focused hydrogen utilization facilities generate electricity and steam (thermal energy) from green hydrogen. The pure hydrogen fuel cells generate electricity directly from hydrogen and emit no CO₂ during power generation. The electricity generated is used for lighting and power systems within the plant facility, and in the event of an emergency, they can operate autonomously to secure power for essential power needs within the plant.

The hydrogen released from the hydrogen tanks then passes through piping within the facility to hydrogen-co-fired once-through boilers, where it is used in combination with city gas to produce steam (thermal energy). At the maximum hydrogen cofiring ratio of 50% by volume, each boiler is expected to reduce CO₂ emissions by approximately 21% compared with operation using city gas alone. The reduction effect may vary depending on operating conditions. (*The reduction effect varies depending on operating conditions.) The green hydrogen used in the facility is transported regularly from Yamanashi Prefecture. The introduction of the facility has received a grant from the Tokyo Metropolitan Government.

Morimasa Takagi, Representative Director and President of Akanetsu, reflected on the start of full-scale operations, stating: "I am deeply moved to have reached this milestone. This initiative began several years ago, and we have faced many challenges along the way." He went on to share his passion for further hydrogen utilization in the years ahead. "This year, Akanetsu joined the Council for Study of Hydrogen Supply Systems and Pipelines in Tokyo. It’s a great dream and source of daily inspiration that we’ll see hydrogen pipelines running through the streets of Akasaka, with TBS's GX efforts evolving even further."

Reference

Mar 27, 2025 Press release: Akanetsu Installs Heat Source Facilities Utilizing Green Hydrogen, First Such Initiative by a District Heating and Cooling Company in Central Tokyo
https://www.acnnewswire.com/press-release/All/97425/Akanetsu-Installs-Heat-Source- 

Akasaka Heating & Cooling Supply Co., Ltd

Akasaka Heating & Cooling Supply Co., Ltd ("Akanetsu") provides a stable supply of energy produced by two underground plants in the form of chilled water, steam, and electricity to the TBS Broadcasting Center and other buildings in the Akasaka 5-chome area of Minato-ku, Tokyo. Akanetsu has a business continuity plan (BCP) in place to ensure that its operations and business activities and the daily functions of the district can continue uninterrupted in the event of a major disaster. Akanetsu is committed to supporting local lifestyles and contributing to society by introducing safe and secure facilities utilizing hydrogen to realize the future of green hydrogen as a next-generation energy source and a decarbonized society. https://www.akanetsu.co.jp/

Media Inquiries Regarding This Release

Akasaka Heating & Cooling Supply Co., Ltd:
info@akanetsu.co.jp

Chigasaki, Japan, May 1, 2026 - (JCN Newswire) - ULVAC, Inc. anticipates that orders for its continuous vacuum melting furnaces dedicated to rare-earth magnets will approximately triple year on year, driven primarily by magnet manufacturers in Europe and North America. In response to this growth in orders, ULVAC has decided to establish a new production system for these furnaces in Japan. By adding a production site in Japan to its existing facility in China, ULVAC will build a dual-site supply structure, providing customers with diversified supply options.

Background

Rare-earth magnets are essential core components used in advanced equipment across a wide range of industries, including electric vehicles, wind power generation, HVAC systems, data centers, and space applications. While global demand is expected to continue expanding, driven by decarbonization and the proliferation of AI, near-shoring—the relocation of production closer to end markets—is accelerating, particularly in Europe and North America, as global supply chains remain heavily dependent on China.

ULVAC has long manufactured rare-earth magnet vacuum melting furnaces through its Chinese subsidiary, providing dedicated service to the market for many years. This facility will continue to serve as a key production site for stable supply to customers in the Chinese market. Meanwhile, growing demand from new magnet manufacturers, primarily in Europe and North America, has increased calls for a geographically diversified supply structure. To ensure stable equipment supply in response to this expanding global demand, ULVAC has decided to establish a new production system in Japan.

Overview of Japan-Based Production

ULVAC's Strengths

Since its founding in 1952, ULVAC has been developing Japan-produced vacuum melting and deposition equipment, accumulating approximately 70 years of technological expertise. The Company is one of the few equipment manufacturers in the world offering a comprehensive lineup covering the key vacuum processes in rare-earth magnet manufacturing, including melting, sintering, and aging. ULVAC holds a market share exceeding 70%^* in each of its continuous furnace product lines for these major processes. The continuous vacuum melting furnace, for which the Japan-based production system is being established, handles the melting and casting process—the starting point of magnet material production. The alloy microstructure formed at this stage has a decisive impact on final magnet performance. With a cumulative delivery record of over 400 units, ULVAC's advanced production engineering capabilities essential to the magnet manufacturing process have been highly regarded by leading global magnet manufacturers over many years.

^*Based on our research

Future Outlook

As new entrants continue to emerge in the rare-earth magnet market, customer needs are shifting beyond standalone equipment supply toward comprehensive mass-production line start-up support. ULVAC will further strengthen the stable supply of its manufacturing equipment for rare-earth magnets, including vacuum melting furnaces.

Simultaneously, ULVAC will expand its scope to provide total optimization of mass-production lines, aiming to become an integrated engineering company specializing in magnet production technologies.

About ULVAC, Inc.

Since its founding in 1952, ULVAC, Inc. has been a comprehensive vacuum equipment manufacturer, providing manufacturing equipment, components, analytical instruments, materials, and services based on its core vacuum technology. Working with customers across a wide range of industries, including semiconductors, electronic components, displays, automotive, and pharmaceuticals, ULVAC is committed to driving cutting-edge innovation and creating new value.　https://www.ulvac.co.jp/en/

For more information:
ULVAC, Inc. Strategic Planning Department
Inquiry Form: https://www.ulvac.co.jp/en/contact/general.html 

KAWASAKI, Japan, Apr 15, 2026 - (JCN Newswire) - Fujitsu Limited and Chugoku Electric Power Transmission & Distribution Co., Inc. today announced the signing of an intellectual property licensing agreement. This agreement, effective April 15, 2026, covers Chugoku Electric Power T&D's intellectual property, which includes its dynamic line rating technology [1] and intellectual property related to advanced power transmission facility maintenance. The partnership aims to support the expansion of renewable energy adoption and enhance power transmission facility maintenance operations through drone utilization.

Under this agreement, Fujitsu will leverage Chugoku Electric Power T&D's intellectual property to launch an advanced power grid operation and maintenance support service for power transmission and distribution companies. This service will enable safe and maximum connection and utilization of renewable energy in the power grid.

Background

As the adoption of renewable energy continues to expand, power transmission and distribution companies are working to maximize the use of existing power transmission facilities while maintaining stable operation of the power system [2] . The capacity of transmission lines for safe power transmission varies with environmental conditions like temperature and wind speed. Traditionally, to protect transmission facilities, operations have been based on the transmission capacity under the worst-case conditions. However, dynamic line rating technology, which adjusts transmission capacity based on real-time environmental conditions, is now recognized as a key method for effectively utilizing transmission capacity while making the most of existing facilities.

Furthermore, there are concerns that conventional human-dependent maintenance operations, such as inspection and patrolling of power transmission facilities, will face operational challenges in the future due to a shrinking workforce. To address these challenges, initiatives are progressing to utilize digital technologies and drones to efficiently and accurately assess the condition of transmission facilities.

Fujitsu has developed technology to acquire and analyze vibration data across all spans of transmission lines using optical fiber sensing technology [3] with a single measuring device, as well as a technology platform for data management and AI analysis. To apply these technologies in a practical operational setting for power transmission and distribution companies, Fujitsu and Chugoku Electric Power T&D have conducted verification tests [4] since September 2021, focusing on expanding renewable energy adoption and enhancing power transmission facility maintenance operations.

Service Overview

The service integrates Chugoku Electric Power T&D's intellectual property, including its dynamic line rating technology and expertise in power transmission facility operation and maintenance, cultivated through verification tests and practical operations, with Fujitsu's optical fiber sensing, data analysis, and AI technologies. It acquires vibration data from optical fibers laid along transmission lines and uses environmental data, such as wind conditions around the transmission lines, derived from this vibration data, to calculate the available transmission capacity according to the real-time facility status. Furthermore, by training and inferring with AI using the acquired data, it becomes possible to predict future wind conditions around transmission lines and transmission capacity. These series of data acquisition, conversion, and prediction functions will be provided as the basic functions of this service.

In addition, the data obtained from the basic functions can be utilized to support power transmission and distribution companies in addressing various operational challenges. It supports the operational design and system construction for dynamic line rating technology, thereby reducing renewable energy curtailment and promoting efficient power utilization. Furthermore, wind condition data around transmission lines can guide drone flight feasibility and optimal route selection. By assessing facility conditions from vibration data, the service also facilitates labor-saving and advanced maintenance operations, moving beyond traditional on-site and human-dependent methods.

Fujitsu will offer this service to power transmission and distribution companies as part of its "AI Technologies and Solutions" offering under Uvance [5] , a business model focused on addressing societal challenges.

Figure: Service Overview Future Plans

Fujitsu will continue to strengthen this service, including the application of generative AI, to achieve advanced maintenance operations from inspection to repair plan formulation, thereby contributing to the acceleration of digitalization in power infrastructure both domestically and internationally. Furthermore, under Uvance, Fujitsu will advance towards a sustainable and resilient society by enhancing social infrastructure through data and AI.Chugoku Electric Power T&D will continue to advance its technology and accumulate expertise through practical operations, leading the expansion of renewable energy adoption and the sophistication of facility maintenance operations.

(1) Dynamic line rating technology:

A technology that constantly monitors the status of power transmission lines and adjusts current capacity according to local conditions.

(2) Power system:

A series of electric power facilities and systems consisting of "transmission," "transformation," and "distribution" to deliver electricity from power stations to customers.  

(3) Optical fiber sensing technology:

A technology that measures in real-time how optical fiber cables are vibrating by inputting specific laser pulses into communication optical fiber cables and measuring changes or components of backscattered light. This measurement uses a dedicated measuring device and a computing system for data processing. 

(4) Verification tests:

Verification tests conducted by Chugoku Electric Power T&D and Fujitsu from September 1, 2021 to September 30, 2022.

(5) Uvance:

Fujitsu's business model that drives advanced decision-making and business transformation by leveraging data and AI to address societal challenges. It supports both customer business growth and the resolution of societal issues through value co-creation across industries and countries. 

About Fujitsu

Fujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: 

global.fujitsu

About Chugoku Electric Power Transmission & Distribution Co., Inc. 

Chugoku Electric Power T&D Co., Inc. is a general power transmission and distribution business operator in Japan, located in Naka-ku, Hiroshima City, with five prefectures in the Chugoku region and part of neighboring prefecture as supply areas. A wholly owned subsidiary of Chugoku Electric Power Co., Ltd.

https://www.energia.co.jp/nw/index.html (in Japanese)

Press Contacts
Fujitsu Limited
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