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Element 25 Limited (ASX:E25)

ALERT: Price-sensitive ASX Announcement for E25
Current share price for E25 : $0.280 0.05 (21.74%)+
Announcement
Release
7 Jul 2026 8:45AM
Price at Release
$0.230
Full Release
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Summary
Element 25 Limited has finalized revised terms with the U.S. Department of Energy for a US$166 million grant under the Battery Materials Processing Grant Program. This grant will fund their high-purity manganese sulphate monohydrate (HPMSM) project in Louisiana, USA, which aligns with the U.S. government's objectives to strengthen domestic manufacturing and supply chains. The project integrates Element 25's Butcherbird Expansion Project in Western Australia with the Louisiana facility, ensuring a secure and long-term manganese supply. This strategy supports the rising demand for manganese-rich battery chemistries and involves collaboration with strategic partners like General Motors LLC and Stellantis N.V., positioning Element 25 as a key player in the battery materials market and the global energy transition.
Key Points
  • Element 25 Limited (E25) has agreed to revised terms for a US$166 million grant from the U.S. Department of Energy (DoE).
  • The grant supports Element 25's planned high-purity manganese sulphate monohydrate (HPMSM) facility in Louisiana, USA.
  • The DoE grant is part of the Battery Materials Processing Grant Program to bolster domestic battery materials processing in the U.S.
  • Element 25's strategy includes integrating the Butcherbird Expansion Project in Western Australia with the Louisiana HPMSM facility.
  • The updated project execution aligns with evolving market conditions and the growing demand for manganese-rich battery chemistries.
  • Element 25 collaborates with strategic partners such as General Motors LLC and Stellantis N.V.
  • The project aims to establish a secure, long-term supply of manganese for U.S. battery manufacturers.
  • Element 25 is focused on enhancing its role as a supplier of battery-grade materials to support global energy transition.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.