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Uncle Sam grants $243m to WA manganese developer Element 25

Pelican Press

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Uncle Sam grants $243m to WA manganese developer Element 25

The US Government will tip $US166 million ($243m) into an Osborne Park-based manganese developer wanting to build a battery grade processing operation in Louisiana.

Element 25, which has a market cap of about $47 million, has been selected for the lucrative grant by the US Department of Energy under a battery materials processing program aimed at ramping up local manufacturing efforts in the States.



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#Uncle #Sam #grants #243m #manganese #developer #Element

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