–News Direct–
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.E25s planned facility in Louisiana aims to produce HPMSM for use in EV battery manufacturing. Brown emphasised the refinerys role in the companys 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.
Contact Details
Proactive Investors
Jonathan Jackson
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jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/element-25-takes-step-forward-in-establishing-us-manganese-refinery-952341558
ELEMENT 25 LIMITED
COMTEX_449560140/2655/2024-03-20T13:47:27