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Biden hands $243m to WA mining minnow Element 25

Brad Thompson
Brad ThompsonReporter
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The Biden administration has gifted $US166 million ($243.6 million) to tiny ASX-listed manganese producer Element 25 to partially fund the development of a Louisiana plant that will refine the metal into a battery-grade product.

Element 25’s windfall was revealed ahead of a meeting between US President Joe Biden and Australian Prime Minister Anthony Albanese in Delaware.

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Brad Thompson was a reporter at The Australian Financial Review
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    Original URL: https://www.afr.com/companies/mining/biden-hands-243m-to-wa-mining-minnow-element-25-20240920-p5kc6w