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Element 25 Limited ( (AU:E25) ) has provided an announcement.
Element 25 Limited has announced a significant 107% increase in ore reserves at its Butcherbird Manganese Project, extending the life of the mine to over 18 years. This development aligns with the company’s strategic plans to expand production and enter the manganese alloy market while supplying the electric vehicle industry with critical raw materials through a partnership with General Motors and Stellantis.
More about Element 25 Limited
Element 25 Limited is an Australian company operating in the mining industry, primarily focusing on the production and development of manganese resources. The company owns the Butcherbird Manganese Project in Western Australia, which is the largest onshore manganese resource in Australia. Element 25 plans to expand its product offerings to supply feedstock for a high-purity manganese sulphate monohydrate refinery in the USA, targeting the electric vehicle industry.
YTD Price Performance: 25.49%
Average Trading Volume: 165,490
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$70.37M
See more data about E25 stock on TipRanks’ Stock Analysis page.
