ASX-listed Element 25’s second shipload of about 27,000 tonnes of manganese concentrate produced at its Butcherbird operation in WA’s southern Pilbara region has recently departed Port Hedland, only a handful of weeks after the inaugural export shipment of about 27,000 tonnes set sail. The Perth-based company says the ore aboard a Handymax-size vessel will be delivered to its offtake partner OM Materials’ smelter in China.
Element 25’s second commercial shipload of about 27,000 tonnes of manganese concentrate produced at its Butcherbird open-cut mining, comminution and beneficiation operation in WA’s southern Pilbara region has recently departed Port Hedland. It comes only a handful of weeks after the Perth-based company’s inaugural export shipment of about 27,000 tonnes of lump concentrate set sail. Element 25 says the beneficiated ore aboard a Handymax-size vessel will be delivered to its offtake partner OM Materials’ smelter in China.
The take-or-pay contract that OM Materials, a wholly owned subsidiary of Singapore-based and ASX-listed vertically integrated manganese and ferroalloy group OM Holdings, has with Element 25 involves purchasing all the annual manganese concentrate output from Butcherbird of about 365,000 tonnes per annum across the first five years of “stage one” processing operations.
With Butcherbird, located about 130 kilometres south of Newman having reached steady-state production levels, the company says it will now move to more than doubling...
Read Full Story: https://www.businessnews.com.au/article/Second-export-manganese-shipment-for-Element-25
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