Element 25 Ltd
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Element 25 lands major US DoE grant to boost domestic battery material supply
Ahead of the inauguration of President-elect Donald Trump, Australia’s Element 25 (ASX: E25) has wrapped up $268 million in funding under the US Department of Energy’s (DoE) Battery Materials Processing Grant program. The new agreement will support the construction of E25’s battery-grade high-purity manganese sulphate monohydrate (HPMSM) facility in the US state of Louisiana, which […]
Element 25 receives US$166m DoE grant to build high-purity manganese refinery in Louisiana
Element 25 (ASX: E25) has been selected for a US$166 million grant from the US Department of Energy to support its construction of a battery-grade high-purity manganese sulphate monohydrate (HPMSM) refinery in Louisiana. The 21,000-square-metre plant will be one of the first commercial facilities in the US to produce HPMSM and is expected to reduce […]
Manganese dubbed the next battery metal, but are ominous days ahead?
In theory, manganese is the next hot battery metal. In practice, it’s a commodity which ought to have a warning attached as a price slump threatens. Interest in mining companies exposed to manganese surged two years ago when it was named by Tesla founder Elon Musk as a metal which could become an important component […]
Manganese: the next hot battery metal
Move over lithium, graphite, cobalt and copper: manganese is fast emerging as the next battery metal story to titillate investors. The back story is similar: with manganese usage dominated by China and supply emanating from largely unattractive or unreliable geographies, western world car and batter makers are desperate to get their paws on the processed […]