Element 25 Limited (AU:E25) has released an update.
Element 25 Limited announced the initiation of detailed design and planning for the Stage 2 Expansion Project at its Butcherbird Manganese Operations, targeting an increase in production to 1.1 million tonnes per annum. The company’s expansion plans are set to supply feedstock for a high purity manganese project in the USA, in collaboration with major automotive companies. Amidst rising manganese ore prices and a temporary suspension of current production to focus on expansion, Element 25 has shipped its last stockpiles and anticipates restarting operations with increased capacity in approximately 11 months.
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