Butcherbird boost

ELEMENT 25 has signed a non-binding term sheet with manganese and silicon company OM Holdings-subsidiary OM Materials for all the manganese ore produced in the first stage of the Butcherbird project.

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OMH Sarawak

Under the scope of the agreement OM is to take up to 365,000 tonnes per annum under a take-or-pay offtake arrangement.

OMH is to use the tonnage to feed its smelter in Sarawak.