GM and Element 25 to Expand U.S. EV Supply Chain With Domestic Manganese Sulfate Production
June 27, 2023
June 27, 2023
DETROIT, Michigan, June 27 -- General Motors issued the following news release on June 26, 2023:
General Motors Co. (NYSE: GM) and Element 25 Limited (ASX: E25) announced today an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to support the annual production of more than 1 million GM EVs in North America.
Under the agreement, GM will provide Element 25 with a US$85 million loan to partially fund the construction of a new facil . . .
General Motors Co. (NYSE: GM) and Element 25 Limited (ASX: E25) announced today an agreement for Element 25 to supply up to 32,500 metric tons of manganese sulfate annually to support the annual production of more than 1 million GM EVs in North America.
Under the agreement, GM will provide Element 25 with a US$85 million loan to partially fund the construction of a new facil . . .