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Element 25 Expands Manganese Operations and Secures Major U.S. Grant
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Element 25 Expands Manganese Operations and Secures Major U.S. Grant

Story Highlights
  • Element 25 completed a feasibility study for Butcherbird expansion, highlighting strong financial prospects.
  • The company received a US$166 million grant for its manganese facility in Louisiana.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.

Invest with Confidence:

Element 25 Limited ( (AU:E25) ) has shared an update.

Element 25 Limited has completed a feasibility study for the expansion of its Butcherbird Manganese Operations, projecting a significant increase in production and economic viability. The study highlights compelling financial metrics, including an NPV of AU$561 million and an IRR of 96%, supporting the company’s strategic growth plans. Additionally, the company has secured a US$166 million grant from the U.S. Department of Energy for its high-purity manganese facility in Louisiana, further solidifying its position in the battery-grade manganese market.

More about Element 25 Limited

Element 25 Limited is an Australian company operating in the mining sector, primarily focusing on manganese production. The company is known for its Butcherbird Manganese Project in Western Australia, which aims to establish itself as a low-cost manganese operator.

YTD Price Performance: 1.92%

Average Trading Volume: 239,756

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$58.28M

Find detailed analytics on E25 stock on TipRanks’ Stock Analysis page.

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