GM And Element 25 To Expand U.S. EV Supply Chain With Domestic Manganese Sulfate Production
Portfolio Pulse from Happy Mohamed
General Motors (GM) and Element 25 Limited (E25) have signed an agreement for E25 to supply up to 32,500 metric tons of manganese sulfate annually to support GM's EV production in North America. GM will provide E25 with an $85 million loan to partially fund the construction of a new facility in Louisiana for battery-grade manganese sulfate production.
June 26, 2023 | 12:11 pm
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GM partners with Element 25 to secure manganese sulfate supply for its EV production, investing $85 million in a new facility in Louisiana.
The partnership with Element 25 will help GM secure a stable supply of manganese sulfate, a key component in lithium-ion battery cathodes, for its growing EV production. The investment in the new facility will also contribute to job creation and strengthen GM's domestic supply base for EV production.
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