From Yahoo Finance: 2025-06-17 11:01:00

Australian miner Element 25 secures a A$50m debt facility from NAIF to expand its Butcherbird manganese project in WA, boosting production capacity to 1.1 million tonnes per annum.

Expansion will supply feedstock to Element 25’s planned HPMSM processing facility in Louisiana, with a feasibility study projecting significant financial returns.

NAIF financing follows grants from US Department of Energy and offtake partners, supporting Element 25’s innovative low-energy consumption processing technology for lithium-ion batteries.

Element 25’s managing director emphasizes government support for Butcherbird’s economic importance and critical minerals sector development, essential for meeting growing global demand in electrification and energy transition.

All necessary approvals secured for Butcherbird expansion, with final project delivery planned for 2026 following detailed execution plan by Element 25’s project team.

Read more: Element 25 receives $32.5m from NAIF to expand Australian manganese project