Element 25 Limited (AU:E25) has released an update.
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Element 25 Limited is exploring the possibility of restarting operations at its Butcherbird Manganese Project to capitalize on the surge in manganese ore prices, which may include selling existing stockpiles or processing mined stockpiles. This consideration for resuming activities follows disruptions in the supply chain and could provide a significant short-term cash flow for the company. Meanwhile, E25 continues to progress with its strategic plans to produce high-purity manganese for the electric vehicle battery market.
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