Element 25 (ASX: $E25) Secures Key Permit for USA HPMSM Site

Element 25 Limited (E25) has secured a significant milestone by obtaining a Title V Air Permit for the construction of an Electric Vehicle (EV) battery grade high-purity manganese sulphate monohydrate (HPMSM) refinery in Louisiana, USA. The permit, granted to subsidiary Element 25 (Louisiana) LLC (E25LA), is a crucial step following the recent commercial agreement with Veolia North America (Veolia). This development marks progress towards the Company's goal of financing and constructing the first USA-based HPMSM facility to supply critical battery raw materials to partners General Motors LLC and Stellantis NV.

Executive Commentary on Permit Acquisition

'Receipt of the air permit is a critical milestone in achieving our goal of financing and constructing the first USA-based HPMSM facility in Louisiana, USA to supply critical battery raw materials to our partners General Motors LLC and Stellantis NV. Crossing this important threshold is a testament to the efforts of all involved and moves the Project closer to a final investment decision and commencement of Project execution.'

Summary of Element 25's Milestone and Future Plans

Element 25's acquisition of the Title V Air Permit for the construction of an EV battery grade HPMSM refinery in Louisiana, USA signifies a significant advancement in the Company's strategic objectives. The permit, in conjunction with the commercial agreement with Veolia North America, paves the way for the commencement of facility construction at the proposed Project site. The Company's innovative processing flowsheet and commitment to delivering expanding volumes of ethically sourced, traceable, transparent HPMSM supply to US markets position it as a key player in the EV battery manufacturing sector. With plans to produce up to 135Kt per annum of HPMSM for US EV supply chains, Element 25 aims to become an industry-leading, world-class, low-carbon battery materials manufacturer. The milestone underscores the Company's dedication to meeting the growing demand for sustainable battery raw materials and its ambition to contribute significantly to the US EV market.