Element 25 moves closer to government funding from NAIF with due diligence phase
The Northern Australia Infrastructure Facility (NAIF) is a government funding entity.
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 gets cash from sale of non-core asset to advance Butcherbird manganese project
The company is completing the pre-feasibility work at its 100% owned Butcherbird High Purity Manganese Project.
Element 25 awarded $1.342 million grant for manganese pilot testing program
The company’s test program for Butcherbird ore will benefit from the Cooperative Research Centres Project grant.
Element 25 progresses Butcherbird high purity manganese PFS towards Q3 completion
The company has appointed BurnVoir Corporate Finance as financial adviser to begin arranging financing for development of the Butcherbird project.
Element 25 enters option agreement for potential sale of Cummins Range Project
Funds raised from the deal will help advance the company's flagship Butcherbird High Purity Manganese Project.
Element 25 promotes experienced geologist Justin Brown to managing director
The company is focused on developing its Butcherbird Manganese Project in Western Australia.
Element 25 completes shortfall placement of $1.39 capital raising
Sophisticated investors participated in the company’s shortfall placement to the value of $472,000.
Element calls in adviser for development funding at Butcherbird
Notably, the advisory group has worked on financing for a number of Pilbara region projects.
Element 25 directors show confidence through share purchase plan participation
The company is developing Australia’s largest onshore manganese resource at the Butcherbird project to produce high-purity manganese products.
Element 25 to accelerate manganese project PFS after raising almost $1.39 million
The company is working towards completing a pre-feasibility study (PFS) for the Butcherbird Manganese Project in WA.
Element 25 signs final Native Title Agreement for Butcherbird Manganese Project
The Native Title Agreement provides opportunities for KNAC and the Nyiyaparli People to participate in the project as well as a future royalty stream.
Element 25 amends agreement with Magmatic Resources for Mt Venn acquisition
The Mt Venn project covers 60% of the Mt Venn Igneous Complex and is along strike from the recent discovery of the same name by Great Boulder Resources.
Element 25 progressing PFS on budget and on time, drilling underway
The project aims to produce high-purity electrolytic manganese metal and manganese sulphate.
Element 25 debuts $1.5 million Butcherbird manganese PFS capital raising
Shareholders on the register yesterday can take part.
Element 25 boosts Butcherbird manganese resource 34% to 26.3 million tonnes
The company aims to produce high-purity manganese sulphate for lithium-ion battery cathodes as well as electrolytic manganese metal for use in certain specialty steels.
Element 25 secures $700,000 cash and royalty in non-core divestment
$700,000 in cash as consideration for the sale has been received from St Barbara Ltd.
Element 25 Ltd gets funding from ARENA for manganese project
Funding will be used to evaluate renewable energy as a potential power source for the project.
Element 25 enters trading halt with update on funding agreement imminent
The ongoing pre-feasibility study on Element 25’s Butcherbird Manganese Project is scheduled for completion in mid-2019.
Element 25 completes PFS metallurgical drilling at Butcherbird Manganese Project
Thirteen diamond drill holes were completed for geotechnical tests and provided about 2.4 tonnes of samples for metallurgical testing.