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Element 25 Raises $18 Million to Expand Butcherbird Manganese Production and Support US Battery Facility
9:26am on Monday 13th of April, 2026 AEST
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Element 25 Raises $18 Million to Expand Butcherbird Manganese Production and Support US Battery Facility
9:26am on Monday 13th of April, 2026 AEST
Key Points
Completed $18 million placement at A$0.30 per share
Butcherbird production capacity to rise to 1.1 Mtpa manganese concentrate
Strong project economics with AU$561 million pre-tax NPV and 96% IRR
Expansion supports US battery-grade manganese sulphate refinery plans
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Element 25 (ASX:E25)
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