and THE TRANSLATION (German to English):
It was one of the core drains of the
Tesla Battery Days last year: Elon Musk is planning the battery revolution. Are a point
while the battery materials. Tesla aims to remove the expensive cobalt from batteries. More nickel and manganese are to be used in the future. And this is exactly where the great imagination of the Australian mining company Element 25 lies.
Multi-stage plan
With the Butcherbird manganese project, the company has one of the world's largest manganese deposits in the sector. And Element 25 is making rapid progress. Production will probably start in March, or April at the latest. Everything that is produced is practically pre-sold with a purchase agreement. This allows you to ignite the next stage and expand significantly. Initially, the aim is to double the production volume. The further potential is enormous: the project is the largest in Australia, and everything can be mined near the surface.
The next step is then to enter the world of batteries. And element 25 already has the data for the production of manganese sulphate and manganese metal in its drawer. In the past few years the company has been working on a study on the production of manganese for batteries. A pre-feasibility study was then carried out and should be published soon. If this is convincing, this could mean the next significant momentum for the share.
• Top opportunity in the battery market
At Element 25, some important news can be expected in the coming weeks. This should give the share a boost in the short term. In the long term, the battery imagination could develop into a big booster for paper. But: The paper is very speculative and should only be seen as an additive to a portfolio. In addition, the following applies: strictly limit orders!
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- Ann: Butcherbird Closing in on Stage 1 Commissioning
Ann: Butcherbird Closing in on Stage 1 Commissioning, page-45
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Last
21.0¢ |
Change
0.005(2.44%) |
Mkt cap ! $46.18M |
Open | High | Low | Value | Volume |
21.0¢ | 21.0¢ | 21.0¢ | $1.05K | 5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 54285 | 20.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
21.0¢ | 30000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
5 | 54285 | 0.205 |
5 | 38653 | 0.200 |
1 | 10000 | 0.185 |
3 | 75528 | 0.180 |
2 | 15882 | 0.170 |
Price($) | Vol. | No. |
---|---|---|
0.210 | 30000 | 1 |
0.220 | 27777 | 1 |
0.225 | 1722 | 1 |
0.235 | 2148 | 1 |
0.240 | 3882 | 1 |
Last trade - 12.05pm 23/08/2024 (20 minute delay) ? |
E25 (ASX) Chart |
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