Element 25 Limited (AU:E25) has released an update.
Element 25 Limited is pushing forward with the Stage 2 expansion of its Butcherbird Manganese Project, aiming to capitalize on a rebound in manganese prices and a substantial resource base of over 260Mt. The company is enhancing the project’s design to improve efficiency, reduce costs, and incorporate environmental initiatives. With an estimated capital cost of $49.8M, the expansion is set to increase production to 1.1 Mt of manganese concentrate annually.
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