FinTechFunding

Element 25: Secures port deal for debut manganese shipment

Element 25 (ASX:E25) secures port deal for debut manganese shipment

  • Element 25 (E25) is closing in on its first manganese shipment from the Butcherbird project after securing a port access agreement in Port Hedland
  • The company‘s debut shipment is set to take place in June this year following the execution of a Multi-User Access Agreement with the Pilbara Port Authority
  • The company affirms Utah Point is a well regarded multi-user bulk handling and loading facility
  • The company’s debut manganese shipment is expected in June this year
  • The company said they are aligned with normal operating terms and satisfy E25’s 390 kilotonnes per annum capacity requirement
  • The platform shares are up 5.5 per cent, trading at $2.30 each
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Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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