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  4. Stellantis enters agreement with Element 25 for manganese sulfate supply

Stellantis enters agreement with Element 25 for manganese sulfate supply

Published by , Editorial Assistant
Global Mining Review,

Stellantis N.V. and Element 25 Limited have announced the signing of a binding agreement for Element 25 to supply battery grade, high purity manganese sulfate monohydrate to Stellantis for use in electric vehicle (EV) battery packs. The five-year agreement calls for shipments to begin in 2026, a total volume of 45 000 t, and options to extend the supply term and volumes

Element 25 will source the material from its Butcherbird project in Western Australia and plans to construct a processing facility in the United States. Stellantis will make an equity investment in Element 25.

Carlos Tavares, Stellantis CEO, stated:

“Our commitment to a carbon net zero future includes creation of a smart supply chain to ensure we meet our customers’ desire for EVs.

“Electric vehicles that deliver breakthrough customer experience in propulsion, connectivity and convenience are central to our Dare Forward 2030 plan that delivers safe, clean and affordable mobility.”

The agreement with Element 25 reinforces Stellantis’ electrification strategy, which includes securing substantial supplies of raw materials for battery electric vehicle (BEV) production. Manganese is a key stabilising element in the cathode of EV batteries.

Read the article online at: https://www.globalminingreview.com/mining/09012023/stellantis-enters-agreement-with-element-25-for-manganese-sulfate-supply/

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