GM, Element 25 enter key agreement over new Ascension EV facility


General Motors Co. announced last week that Element 25 has agreed to supply up to 32,500 metric tons of manganese sulfate annually to support the production of EVs (Electric Vehicles) at a new Ascension Parish facility.

Under the agreement, GM will provide Element 25 with a $85 million loan to partially fund the construction of the new facility, which will produce  battery-grade manganese sulfate — a key component in lithium-ion battery cathodes — starting in 2025.

Element 25 will produce manganese sulfate at the facility by processing manganese concentrate from its mining operations in Australia. It is expected to be the first facility of its kind in the U.S. Read the announcement.