E25
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2.44% 20.0¢ element 25 limited

The Dawn of EV, page-353

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    05/08/21
    11:40
    Post #: 55051044

    I looked at this on Stockhaid and thought "hah, how about being a manganese producer, not just an explorer!"

    https://unauthorised investment advice/resources/resources-top-5-the-manganese-explorer-aiming-to-feed-the-insatiable-battery-thematic/

    It’s a good time to be a manganese explorer as prices and demand rally strongly.

    $5m market cap AX8 has kicked off manganese exploration at its new East Pilbara manganese assets.

    It is targeting new discoveries to feed the lithium-ion battery and steel production sectors where it has identified “future supply disruption and metal shortfalls”.

    AX8’s projects are close to the tier one high grade ‘Woodie Woodie’ manganese deposit and is contained within similar host stratigraphy that has remained underexplored, it says.

    “We are excited by the opportunity to explore within a world class region for high grade manganese, a critical mineral for battery and steel production with forecast demand shortfalls,” AX8 managing director Yaxi Zhan says.

    “This timely, high value strategy is in a proven yet underexplored area with excellent infrastructure and we believe there is significant opportunity for new discoveries.”


    E25 Price at posting: $1.86 Sentiment: Hold Disclosure: Held
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