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Element 25 Doubles Manganese Resources and Secures $268M US Grant for Battery Materials
9:33am on Thursday 30th of January, 2025 AEDT
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Mining
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Element 25 Doubles Manganese Resources and Secures $268M US Grant for Battery Materials
9:33am on Thursday 30th of January, 2025 AEDT
Key Points
142% increase in Measured and Indicated manganese resources at Butcherbird
Updated feasibility study shows $561M NPV and 96% IRR on $64.8M CAPEX
Ore reserves more than doubled to 101.4Mt supporting 18+ years mine life
US Department of Energy awards $166M grant for Louisiana HPMSM refinery
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Element 25 (ASX:E25)
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