Proactive - Interviews for investors

Element 25’s Butcherbird expansion: what’s next?

Episode Summary

Element 25 managing director Justin Brown talked with Proactive about the company's latest regulatory approval for the expansion of its Butcherbird manganese project in Western Australia. Brown explained that the final work approval is now in place, clearing the way for full-scale construction. The project aims to supply both traditional steel markets and high-purity manganese sulfate monohydrate (HPMSM) for battery production. Element 25 plans to feed a portion of Butcherbird’s output into its planned Louisiana refinery to produce this critical battery material. Discussing financials, Brown highlighted the feasibility study’s strong results, with a capital expenditure of A$65 million and projected free cash flows of A$70 million annually over an 18-year mine life. He also noted that major automotive companies Stellantis and General Motors have committed $115 million toward Element 25’s US refinery, complemented by a $166 million grant from the Department of Energy. Looking ahead, Brown said the company is focused on securing the remaining project financing, with the goal of moving into full-scale construction soon. "This time next year, we should be in production with the expanded facility if all goes to plan," he said. For more insights into Element 25’s progress, watch the full interview. Don’t forget to like, subscribe, and turn on notifications for more updates from Proactive. #Element25 #ASX #ProactiveInvestors #Manganese #Mining #BatteryMetals #EVBatteries #ButcherbirdProject #Stellantis #GeneralMotors #CriticalMinerals #MiningInvestment #ProactiveInvestors