Australia's Element 25 gains on positive feasibility study for Japan facility

Element 25

02/04/2025 04:15

** Shares of Element 25 E25.AX rise 2.1% to A$0.24
** Mineral explorer says it completed a feasibility study into a battery-grade High Purity Manganese Sulphate Monohydrate (HPMSM) facility to be located in Chiba prefecture, Japan
** Study in collaboration with Nissan Chemical Corporation and NC Tokyo Bay Corporation
** Study confirmed the potential feasibility of the facility and identified no fatal flaws - co
** Stock marks its biggest intraday gain since March 26
** E25 down 7.8% YTD

(Reporting by Adwitiya Srivastava in Bengaluru)

((Adwitiya.Srivastava@thomsonreuters.com))