Company
Element 25 Ltd
ASX:E25
Element 25 is an ASX-listed company operating the world-class 100%-owned Butcherbird Manganese Mine in Western Australia. The high-quality manganese ore from Butcherbird is ideal for conversion to high-purity manganese sulphate monohydrate (HPMSM), a critical material for electric vehicle (EV) battery cathodes.
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Element 25 moves toward battery-grade high-purity manganese production in the US
The company will target the traditional steel markets for its product, along with new energy vehicles which are trending towards a higher manganese content for safer, more cost-effective solutions.
Rare earths & specialist minerals
Element 25 shares higher after study shows lowest carbon footprint in the manganese industry for its process
The company’s shares were trading about 2% higher intra-day, at 8 cents, after its production process was estimated to produce just 1.7kg CO2 equivalent per kg of product, which is ~67% lower than competitors in China.
Element 25 raises $35 million to fund HPMSM project feasibility work
“We are delighted with the support for the placement and welcome a number of highly credentialed new investors to the register,” E25 managing director Justin Brown said.