Element 25 Ltd
Element 25 Ltd (ASX:E25) is listed on the Australian Securities Exchange.
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Element 25 advancing high-purity manganese pre-feasibility study
Element 25 Ltd (ASX:E25) has commenced all key work streams for its pre-feasibility study (PFS) at its 100% owned Butcherbird Manganese Project in Western Australia.
The PFS is building on the 2018 scoping study that concluded the project has potential to be an economically viable producer of high-purity manganese sulphate for lithium-ion battery markets.
Discussions continue with lithium-ion battery manufacturers on required specifications and quantities as a prelude to off-take negotiations.
A number of appointments have been made and key work streams are underway.
Simulus Engineering has been contracted to undertake a 600-kilogram bulk leach test program to further optimise process and produce samples for off-take discussions.
A key adviser has been appointed to provide consulting support in finding the optimal power strategy.
Discussions with prospective advisors are also progressing regarding project financing.
