Element 25 takes step forward in establishing US manganese refinery
Melbourne, Victoria
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March 20, 2024 01:45 PM Eastern Daylight Time
Element 25 Ltd (ASX:E25) managing director Justin Brown joins Jonathan Jackson in the Proactive studio to talk about the progress being made in establishing a high-purity manganese sulphate (HPMSM) refinery in Louisiana, USA, as it looks to become a leader in ethically sourced battery-grade manganese. The refinery is set to cater to the burgeoning demand within the US electric vehicle (EV) battery industry, leveraging the company's 100%-owned Butcherbird Manganese Project in Western Australia.E25’s planned facility in Louisiana aims to produce HPMSM for use in EV battery manufacturing. Brown emphasised the refinery’s role in the company’s strategy to support global electrification and position Element 25 as a pivotal supplier of high-quality, traceable and environmentally and socially governed battery materials.With the initial project execution plan, procurement strategy and foundational elements of the processing plant's design advancing, the company is progressing towards a final investment decision. The establishment of project controls to manage cost and schedule further underscores Element 25's diligent approach to realising its vision for the HPMSM refinery.
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