Money Control Place
  • Politics
  • Business
  • Stocks
  • Investing
  • Politics
  • Business
  • Stocks
  • Investing

Money Control Place

Investing

Manganese Gains Traction as Supply Stability, ESG Influence EV Production, Element 25 Exec Says

by September 13, 2023
September 13, 2023
Manganese Gains Traction as Supply Stability, ESG Influence EV Production, Element 25 Exec Says

As global electrification continues to ramp up, decision makers are increasingly paying attention to more stable and responsible sources of raw materials, particularly for electric vehicle (EV) batteries, according to Element 25 (ASX:E25) Managing Director Justin Brown.

“Stakeholders in the electrification of the vehicle fleet are looking for carmakers to use raw materials from areas that have tight controls on environmental and governance issues,” Brown said. “For example, if you source your manganese from Australia, you have a much better chance of understanding the standards that are applied to the extraction of the material, in terms of environmental and social governance, than you do perhaps in certain countries in other parts of the world.”

Element 25 owns and operates the Butcherbird project in Western Australia. Butcherbird hosts the largest onshore manganese deposit in Australia and began producing high-quality manganese concentrate in 2021.

The company’s next step is building a high-purity manganese sulphate monohydrate (HPSMSM) facility in Louisiana, US, that it will feed with concentrate from Butcherbird in order to supply the EV battery market. Element 25 currently has offtake agreements with global EV manufacturers General Motors (NYSE:GM) and Stellantis (NYSE:STLA) for its low-carbon HPSMSM.

“It’s an exciting time for manganese,” Brown said. “You’re going to need especially more manganese as the battery chemistry shifts to more stable raw material supply chains, of which manganese promises to play a really important part.”

Watch the full interview with Justin Brown, managing director of Element 25, above.

The information contained here is for information purposes only and is not to be construed as an offer or solicitation for the sale or purchase of securities. Readers should conduct their own research for all information publicly available concerning the company. Prior to making any investment decision, it is recommended that readers consult directly with Element 25 and seek advice from a qualified investment advisor.

This interview may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, receipt of property titles, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. The issuer relies upon litigation protection for forward-looking statements. Investing in companies comes with uncertainties as market values can fluctuate.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
The Lifecycle of a Mine: Discovery to Reclamation (Updated 2023)
next post
Tuberville’s office hits back after Pentagon says it’s not subsidizing troops’ abortions: ‘too cute by half’

Related Posts

Oncology Stocks: 8 Biggest NASDAQ Companies in 2024

June 26, 2024

Critical Elements Lithium Announces New High-grade Discovery within...

October 24, 2023

RK Lithium Project – Drilling Update Strong Li...

January 11, 2024

Norfolk Metals Limited (ASX: NFL) – Trading Halt

April 15, 2024

CORRECTION – Brunswick Exploration Drills 93.45 Meters at...

May 9, 2024

Pharmaceutical Industry Overview: Top Regions (Updated 2023)

July 20, 2023

American Eagle Intersects 302 Metres of 1.09% Copper...

January 10, 2024

Completion of Bookbuild for Non-Brokered A$2 Million Placement

April 3, 2024

Can You Invest in Elon Musk’s Neuralink?

February 23, 2024

Cobalt Market Update: Q2 2023 in Review

July 20, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • Run Your Stock Portfolio Like a Pro Sports Team

    • Leadership Rotation Could Confirm Corrective Phase

    • Breakouts, Momentum & Moving Averages: 10 Must-See Stock Charts Right Now

    • 1911 Gold Temporarily Suspends Operations at True North Complex due to Bissett Evacuation Order

    • Ontario Backs Down on Key Bill 5 Provisions, Echoes BC’s Mining Debate

    • Appeals Court Grants Trump Temporary Reprieve on Tariffs, “TACO” Taunts Gain Steam

    Categories

    • Business (1,223)
    • Investing (2,503)
    • Politics (3,699)
    • Stocks (1,614)
    • Uncategorized (20)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: MoneyControlPlace.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 moneycontrolplace.com | All Rights Reserved