Element 25s manganese destined for US in General Motors deal
Element 25s manganese destined for US in General Motors deal
–News Direct–
Element 25 Ltd (ASX:E25) managing director Justin Brown runs Proactives Elisha Newell through the companys landmark deal with American carmaker General Motors Co. E25 plans to ship 32,500 tonnes of manganese every year from its flagship Butcherbird project a move set to bolster General Motors annual EV production in North America beyond one million units. In exchange, General Motors will seed a US$85 million loan to construct a new facility in Louisiana, where manganese sulphate will be generated from Butcherbird ore.
Contact Details
Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
View source version on newsdirect.com: https://newsdirect.com/news/element-25s-manganese-destined-for-us-in-general-motors-deal-708834354
Element 25 Ltd
COMTEX_436071628/2655/2023-06-27T15:00:13
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