Brief: Element 25 Signs Offtake & Project Financing Agreement With Global Mobility Provider Stellantis
09/01/2023 01:29
Jan 9 (Reuters) - Element 25 Ltd E25.AX :
* E25 SIGNS OFFTAKE AND PROJECT FINANCING AGREEMENT WITH
GLOBAL
MOBILITY PROVIDER STELLANTIS
* ELEMENT 25 TO SUPPLY BATTERY-GRADE MANGANESE SULPHATE TO
SUPPORT
STELLANTIS' EV STRATEGY
* STELLANTIS TO PART-FUND DEVELOPMENT OF E25'S HPMSM
PROCESSING
FACILITY WITH US$30M INVESTMENT IN TWO TRANCHES
Source text for Eikon: ID:nASX71Xl03
Further company coverage: E25.AX
Recent news on Element 25
See all newsElement 25 rises on $36 million funding deal for Western Australia project
Brief: Element 25 Executes A$50 Million Naif Finance Facility For Butcherbird Expansion Project
Brief: Element 25 Signs Binding Offtake Signed For Butcherbird Manganese
Australia's Element 25 rises on manganese offtake deal with OM Holdings' unit
Australia's Element 25 reviews US project as it looks to renegotiate GM, Stellantis contracts