Element25’s (ASX:E25) Butcherbird Project on track

• First stage activities at Element25’s (E25) Butcherbird Project in the Pilbara are continuing on schedule
• The company says the completion of this first stage of a planned multi-stage development is on track and in line with the original target of Q1 2021
• Pre commissioning activities, electrical systems and instrument loop checking are all underway
• The company expects to process its first ore from the project by the end of the month
• Once the first stage is complete, the project will be expanded to produce high-purity manganese sulphate monohydrate
• E25 is trading flat this morning at $1.92

First stage activities at Element25’s (E25) Butcherbird Project are continuing on schedule.

The company’s wholly owned manganese project is located in the Southern Pilbara Region of WA.

Element25 says the completion of this first stage of a planned multi-stage development is on track and in line with the original target of Q1 2021.

Pre-commissioning activities began as scheduled with electrical systems and instrument loop checking underway and utilising temporary power.

Today will be a busy day at the site, with the sequential rotational checking of drives expected to commence and the power station due to arrive. Installation and power up is scheduled for later in the week.

In the second half of the month, E25 is expecting to process its first ore from the site.

Once the first stage is complete, the project will be expanded to produce high-purity manganese sulphate monohydrate.

Manganese is a key ingredient for electric vehicle batteries, a product which is in increasingly high demand to power the global transition away from fossil fuels.

Potential supply constraints for nickel and cobalt could force battery manufacturers to look to high-manganese cathodes to produce the vast amount of
cathode material required by the EV industry in coming years.

Consequently, E25 believes its Butcherbird project is ideally placed to feed this potential demand by producing the world’s first zero carbon manganese.

E25 is trading flat at $1.92 per share at 10:04 am AEDT.