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Element 25 high-purity manganese project selected for US$166 million US Department of Energy grant

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negotiations for a US$166 million grant from the US Department of Energy (DoE) under the Battery Materials Processing Grant Program. This funding will support the construction of its proposed battery-grade high-purity manganese sulphate monohydrate (HPMSM) facility in Louisiana, USA.

Element 25 plans to build and operate a first-of-its-kind, environmentally sustainable 230,000 square-foot (~21,000 square metre) refining facility in the Baton Rouge area, Louisiana, to produce HPMSM — a critical raw material in lithium-ion batteries.

The DoE grant award comes in addition to the US$115 million already committed by offtake partners General Motors LLC and Stellantis NV (NYSE:STLA, EPA:STLA).

Proactive - Element 25 high-purity manganese project selected for US$166 million US Department of Energy grant