Element 25 Limited (AU:E25) has released an update.
Element 25 Limited has successfully completed its infill drilling program at the Butcherbird Manganese Project, with assay results confirming the expected mineral continuity, supporting the planned expansion of manganese concentrate operations. The company is proceeding with a resource and reserve re-evaluation, aiming to transition inferred resources to higher confidence categories, in line with its strategy to ramp up production to 1.1 million tons per annum. Additionally, Element 25 is advancing its proprietary technology to produce high-purity manganese for electric vehicle batteries, with plans for a refinery in Louisiana, USA.
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