Quarterly Activities/Appendix 5B Cash Flow Report

In the June 2025 Quarterly Report, Element 25 (ASX: E25) highlights the approval of $50 million in senior debt financing by the Northern Australia Infrastructure Facility for the Butcherbird Manganese Expansion Project. This funding will support a 1.1Mtpa manganese ore operation over an 18.3 year mine life. The company plans to sell manganese concentrate to customers in the steel sector and use it as feedstock for their planned HPMSM processing facility in Louisiana, USA. They are finalizing project financing for the Louisiana facility, with significant grants from the US Department of Energy and equity investments. Element 25 has also filed national patent applications for their HPMSM processing technology to obtain global protection.<br/><br/>The company is actively working with key suppliers and contractors for project support. They are in discussions with other potential financiers for project finance for Butcherbird. The Louisiana facility aims to produce up to 135Kt per annum of HPMSM for the US electric vehicle supply chains. Element 25 continues to innovate in the battery technology sector, with a focus on High Purity Manganese Sulphate Monohydrate. Investors are invited to ask any questions about the report and can access the full financial details in the attached Appendix 5B report.