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Element 25 Secures $166M U.S. Grant for Louisiana Manganese Facility
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Element 25 Secures $166M U.S. Grant for Louisiana Manganese Facility

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Element 25 Limited ( (AU:E25) ) just unveiled an update.

Element 25 Limited has secured a US$166 million grant from the U.S. Department of Energy to construct a high-purity manganese sulfate facility in Louisiana. This funding, along with commitments from major partners like GM and Stellantis, advances their project financing strategy, supporting local job creation and reinforcing the U.S. battery materials sector.

More about Element 25 Limited

Element 25 Limited is a company in the mining and materials industry, specializing in high-purity manganese products. The company focuses on producing battery-grade manganese sulfate, crucial for lithium-ion battery manufacturing, with a market emphasis on supporting electric vehicle supply chains.

YTD Price Performance: 3.85%

Average Trading Volume: 124,829

Technical Sentiment Consensus Rating: Buy

Current Market Cap: A$56.08M

Learn more about E25 stock on TipRanks’ Stock Analysis page.

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