Don’t Miss TipRanks’ Half Year Sale
- Take advantage of TipRanks Premium for 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Element 25 Limited ( (AU:E25) ) just unveiled an announcement.
Element 25 Limited has announced a AU$50 million finance package from the Federal Government’s Northern Australia Infrastructure Facility to support the expansion of its Butcherbird Manganese Project. This financial boost is expected to enhance the company’s production capabilities and strengthen its position in the manganese and electric vehicle battery materials markets, potentially benefiting stakeholders and aligning with its strategy to become a leading low-carbon battery materials manufacturer.
More about Element 25 Limited
Element 25 Limited is an ASX-listed company that operates the Butcherbird Manganese Project in Western Australia. The company is focused on expanding its production of medium-grade high silica manganese ore for traditional and new energy markets. Additionally, Element 25 is developing technology to produce battery-grade high-purity manganese sulphate monohydrate for the electric vehicle market, with plans to build a refinery in Louisiana, USA, in partnership with General Motors and Stellantis.
Average Trading Volume: 112,963
Technical Sentiment Signal: Sell
Current Market Cap: A$54.87M
Learn more about E25 stock on TipRanks’ Stock Analysis page.