Element 25 Limited is pleased to announce that the Northern Australia Infrastructure Facility (NAIF) will provide a finance package of up to AU$50 million for the Butcherbird Manganese Expansion Project in Western Australia's Pilbara region. The project's Feasibility Study has shown outstanding metrics, positioning Butcherbird as a key player in the manganese industry.

NAIF's funding will support the expansion of Butcherbird's production capacity to supply manganese concentrate for the Company's planned battery-grade processing facility in Louisiana, USA. The approval under WA's regulatory framework ensures the project's compliance and progress. The Company is finalizing formal documentation for the funding package, including a cost overrun facility.

Element 25's Managing Director, Justin Brown, expressed gratitude for the government's support, highlighting Butcherbird's importance in meeting the growing demand for manganese in battery manufacturing. With industry trends shifting towards lithium manganese-rich batteries, Element 25's innovative processing technology offers a low-carbon solution for supplying critical battery raw materials to the EV market.

Investors are encouraged to inquire about the financing structure and project timeline. The Company has strong relationships with potential financiers and suppliers, ensuring the successful execution of the Butcherbird Expansion Project. Stay updated on Element 25's progress towards becoming a leading battery materials manufacturer by visiting our website for more information.