Element 25 Limited

We're progressing works on the Butcherbird Expansion Project in WA to increase #manganese concentrate production to 1.1 million tonnes per annum. The planned increased production will supply customers in the established ferroalloys (steel) market as well as securing long term feedstock for our proposed high purity manganese sulphate monohydrate (HPMSM) facility in Louisiana, USA. Leading consultancy SLR engaged to assist in technical and funding due diligence for BBX. Discussions with preferred offtake partner continue, with completion anticipated in Q1 CY2026. Applicants now shortlisted for the BBX Construction Contract, with award expected in April 2026. Mining services contract with preferred partner anticipated to be awarded in Q1 CY2026; award of site services contract anticipated in Q2 CY2026. Manufacture of the logwasher completed with shipment scheduled for late February 2026. Procurement of other key items progressing in line with the project plan. We are targeting BBX mechanical completion and commissioning in Q1 CY2027. Read more: element25.com.au/announcements/… #E25 #Butcherbird #Manganese #BBX #HPMSM #ASX #Pilbara #CriticalMinerals

Element 25 attracts equity to Butcherbird | Media coverage by @MiningNewsNet miningnews.net/capital-market… #Manganese #E25 #Element25 #ASX

Manganese hopeful Element 25 raises $18m from investors in war-weary market | Media coverage by @westaustralian. thewest.com.au/business/minin… #Manganese #E25 #Element25

We’ve completed an $18 million Share Placement at AU$0.30 per share to fund the expansion of the Butcherbird Manganese Project in WA. The Placement follows the AU$50 million senior debt facility secured from Northern Australia Infrastructure Facility and supports the Butcherbird Expansion Project designed to increase production capacity to 1.1 million tonnes per annum. Butcherbird is a world-class manganese resource with an Ore Reserve of 101Mt at 10.4% Mn for 10.5 million tonnes of contained manganese. Increased production capacity will support Element 25’s planned high-purity manganese sulphate monohydrate (HPMSM) production facility in Louisiana, USA, as well as supplying concentrate to steel industry partners. Managing Director Justin Brown said: “Expanding Butcherbird is an important part of our strategy to sell manganese concentrate to steel industry partners as well as using it as feedstock in our plans to produce HPMSM. “We are pleased with the support from new and existing shareholders in this Placement, particularly in light of the challenging market backdrop. Funds raised under the Placement support our AU$50 million backing from NAIF to fund the construction of the BBX Project in line with the project plan.” Read the full ASX Announcement here: element25.com.au/announcements/… #E25 #ASX #ASXnews #MiningNews

Our MD, Justin Brown, was in Hanoi last week at @Fastmarkets Asia Ferroalloys 2026, engaging with key participants across the #manganese and #steel supply chain. He joined two panels focused on manganese ore, ferromanganese and manganese alloys market trends, challenges and opportunities, and the future of raw materials in a decarbonising steel industry. These discussions align closely with our strategy at Butcherbird, as we progress plans to supply manganese into both traditional steel markets and emerging battery supply chains. #E25

Great article about the emergence of #Lithium Iron #Manganese Phosphate (#LMFP) #battery chemistries as the emerging standard in #batteries for both transportation and grid storage. #LMFP hits the sweet spot for cost, performance and safety, three key decision drivers in technology selection for OEMs. #LMFP commercial production is ramping up and becoming a dominant player. Great for battery grade manganese demand. Enjoy! autonews.gasgoo.com/articles/news/…

. @Element25Ltd (#ASX: #E25) is rated BUY by Petra Capital with a $1.73 price target, implying ~𝟰𝟱𝟴% 𝘂𝗽𝘀𝗶𝗱𝗲 𝘁𝗼 𝘁𝗵𝗲 𝗰𝘂𝗿𝗿𝗲𝗻𝘁 𝘀𝗵𝗮𝗿𝗲 𝗽𝗿𝗶𝗰𝗲 𝗼𝗳 $𝟬.𝟯𝟭. Petra highlights that the company is progressing toward development at its 100%-owned, fully permitted Butcherbird #Manganese Project, with engineering work advancing, long lead items being ordered and key contracts under negotiation. Subject to funding and a final investment decision, E25 is targeting first production in March 2027. The report notes ongoing discussions to finalise offtake for 1.1Mtpa of manganese concentrate, with Petra pointing to the product’s quality as a key advantage for smelters. With most of the funding already secured and only around $20M remaining, the company is nearing a key inflection point. Petra also sees broader support from the market, noting that “declining supply and strong demand set to lift manganese prices”, particularly as battery chemistries increasingly incorporate manganese, positioning Butcherbird to benefit as the market strengthens. #Investors #Stockstowatch #SmallCaps

We're pleased to provide our Interim Financial Report for the Half Year ended 31 December 2025. View the full report here: element25.com.au/announcements/… #Manganese #E25 #Element25 #ASX #ASXNews #MiningNews

March 2026 Investor Presentation: Building a Global Manganese Business View the full PDAC #E25 Presentation here: 🔽 webservices.weblink.com.au/article.aspx?a…

China’s automakers achieve the important 500 Wh/kg (>1,000km range) milestone with #lithium #manganese rich solid state #battery technology. A world first which continues the drive to higher performance, improved safety and lower costs using high #manganese cells. These #batteries need up to 10X the amount of #manganese compared to the older #NMC technologies. Might need more #HPMSM 🤔! interestingengineering.com/transportation…

The European Union, the United States and Japan are now taking significant steps towards increasing their economic security and national security by jointly enhancing resilience in critical minerals supply chains… The strategy is continuing to spread globally. Read the press release here… ec.europa.eu/commission/pre…

The Financial Times today reports that General Motors is advancing lithium #manganese-rich (#LMR) #battery chemistry as a commercial EV solution targeted around 2028. The strategy is designed to drive cost-reduction and supply-security with #manganese being cheaper and more abundant than #nickel and #cobalt, resulting in less exposure to geopolitical concentration risk, and lowering costs. General Motors is partnering with Element 25 to bring #manganese refining to the USA.

Manganese developer Element 25 extends $30m funding deal | Media coverage by @wabusinessnews. businessnews.com.au/article/Mangan… #Manganese #E25 #Element25

Our Quarterly Activities Report for the period ending 31 December 2025 has been released. View the full #E25 Report here: element25.com.au/announcements/… #E25 #Element25 #Manganese #ASXNews

We’ve extended the At‑the‑Market Subscription Agreement (ATM) with Acuity Capital to provide up to AU$30 million of standby equity capital over the coming 36 month period. This standby facility may be used to fund the expansion of the Butcherbird #Manganese Project, working capital and to fund Company growth. Under the ATM, @Element25Ltd has full discretion as to whether or not to utilise the ATM, the maximum number of shares to be issued, the minimum issue price of shares and the timing of each subscription. There are no requirements on Element 25 to utilise the ATM and the Company may terminate the ATM at any time, without cost or penalty. The Butcherbird Expansion Project is designed to increase Butcherbird’s production capacity to 1.1 million tonnes per annum, with the January 2025 Feasibility Study update estimating a capital cost of AU$64.8 million with a pre‑tax Net Present Value (NPV) of AU$561 million and 96% pre‑tax Internal Rate of Return (IRR). Read the full #E25 #ASX Announcement here: webservices.weblink.com.au/article.aspx?a… #Manganese #Mining #CriticalMinerals #AcuityCapital

This is a really interesting #battery technology and it’s just around the corner with commercial availability slated for 2027! It’s for stationary storage not EVs, which is another fast growing market segment. #Manganese (#HPMSM) is once again selected for its cost and #sustainability advantages over other chemistries such as #nickel or #cobalt based #batteries. Check it out - the transition continues! pv-magazine.com/2026/01/15/ges…

According to Benchmark Minerals Intelligence, global electric vehicle sales reached 20.7 million units in 2025, up 20% year on year, with 2.1 million vehicles sold in December alone! More #EVs = more #lithium-ion #batteries = more #manganese (#HPMSM)… Big year!

Despite policy headwinds in the short term, Bloomberg still expects a solid 12% growth in global #bbvipks4 EV sales for 2026 before a recovery in sales growth in 2027 and 2028. Not bad if that’s a tough year! In the background, the transition to high #manganese #cathode chemistries will be a demand multiplier for high purity #manganese sulfate (#HPMSM). Plenty to smile about for #battery grade #manganese!

The new MG4 “Anxin” edition from MG is a low priced #EV destined for Australian showrooms in 2026 which uses a semi solid state #manganese-based #lithium-ion #battery pack. Another step towards high #manganese #cathode chemistries to solve the critical mineral supply crisis as the world continues to electrify. Exciting times! carexpert.com.au/car-news/mg4-t…