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Sunday, May 5, 2024

Element 25 secures patent for battery-grade manganese - Business News

Last updated Monday, September 20, 2021 04:03 ET , Source: NewsService

Manganese producer, Element 25 has scored an eight-year “innovation patent” for its cutting-edge extraction technology used to separate manganese from concentrate produced at its 100 per cent owned Butcherbird mining and beneficiation operation north of Meekatharra in WA. The company is looking to manufacture a high-purity manganese sulphate monohydrate product for use in the thriving lithium-ion battery industry.

Manganese producer, Element 25 has scored an eight-year “innovation patent” for its cutting-edge extraction technology used to separate manganese from concentrate produced at its 100 per cent owned Butcherbird mining and beneficiation operation north of Meekatharra in Western Australia. The company is looking to manufacture a high-purity manganese sulphate monohydrate, or “HPMSM” product for use in the thriving lithium-ion battery industry.

Element 25 has tabled a multi-staged strategy for unravelling the full value of its “world class” Butcherbird project that already hosts an impressive 263 million tonne resource going more than 10 per cent manganese oxide.

A pre-feasibility study that evaluated the economics of Butcherbird was released late last year. It showed $39.6 million a year in pre-tax free cash flows for the first five years of manganese concentrate production under a proposed first stage of the operation.

The study envisaged annual production and sale of about 364,000 tonnes of lump manganese ore per annum for the five-year period, with produced...



Read Full Story: https://www.businessnews.com.au/article/Element-25-secures-patent-for-battery-grade-manganese

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