Why the Euro Manganese (ASX:EMN) share price is volatile this week

The Euro Manganese Inc CDI (ASX: EMN) share price has been volatile so far this week. Shares in the Canadian group roared back to life on Tuesday, closing 7.8% despite slumping lower in Monday’s trade. 

At the time of writing, the Euro Manganese share price is down 4.35%, trading at 66 cents.

Why is the Euro Manganese share price falling?

Euro Manganese is a Canadian small-cap battery materials company listed on the ASX. The group specialises in the extraction and development of high-grade manganese for use in electric vehicle (EV) batteries. The company is advancing its Chvaletice Manganese Project in the Czech Republic as a key strategic initiative.

Shares in the Canadian mining group slumped lower 4.5% lower on Monday after…