Element 25 Limited's (ASX:E25) (FRA:QFP) Justin Brown speaks to Proactive's Andrew Scott following its recent news that they've agreed key commercial terms to sell 50% of the manganese ore produced from the second stage of the Butcherbird Project development to Singapore-based Semeru Energy Ltd. They'll provide US$5 million in project finance to fund the company’s expansion plans as detailed in the updated pre-feasibility study released last week.
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Element 25 enjoying 'strong appetite' for output from its Butcherbird manganese project
Quick facts: Element 25 Ltd
Price: 1.965 AUD
ASX:E25
Market: ASX
Market Cap: $260.63 m
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