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26 Jun
17:40

Australia’s Element 25 secures manganese sulphate offtake, loan from GM

Australia-listed Element 25 and US carmaker General Motors have signed a seven-year offtake agreement for up to 32,500 tonnes/year of manganese sulphate, Kallanish reports. Under the deal disclosed by E25 on Monday, GM will provide an $85 million loan to partially fund the construction of a new facility in Louisiana, US. The plant will produce battery-grade high-purity manganese sulphate (HPMSM), processing manganese concentrate feedstock from E25’s Butcherb…
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