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Element 25 enjoying 'strong appetite' for output from its Butcherbird manganese project

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.

Quick facts: Element 25 Ltd

Price: 1.965 AUD

ASX:E25
Market: ASX
Market Cap: $260.63 m
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Element 25 now just weeks away from becoming a producer at Butcherbird

Element 25 Ltd's (ASX:E25) (FRA:QFP) (OTCMKTS:ELMTF) Justin Brown tells Proactive's Andrew Scott they're making strong progress on the first stage of a planned multi-stage development at the Butcherbird manganese project with the delivery on-track for next month. The current work plan has dry...

5 days, 3 hours ago

2 min read