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Element 25 Secures US$216M to Expand Butcherbird Mine and Build US Battery Refinery

11:01am on Wednesday 25th of June, 2025 AEST Mining
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Element 25 Secures US$216M to Expand Butcherbird Mine and Build US Battery Refinery

11:01am on Wednesday 25th of June, 2025 AEST
Key Points
  • Butcherbird Manganese Mine expansion backed by $50M NAIF senior debt facility
  • US$166M Department of Energy grant awarded for Louisiana HPMSM refinery
  • Binding offtake and financing agreements with General Motors and Stellantis
  • Over 270 million tonnes manganese resource with 18-year mine life
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