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Stellantis Signs Deal with Element 25 for Manganese Sulphate Supply for EV Batteries
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Stellantis N.V. and Australia's Element 25 Limited have signed a binding agreement for Element 25 to supply battery grade, high purity manganese sulphate monohydrate to Stellantis for use in electric vehicle (EV) battery packs. Shipments will begin in 2026, and a total volume of 45 kilotons will be supplied.
Element 25 will source the material from its Butcherbird project in Western Australia, and plans to construct a processing facility in the US.
Manganese is a key stabilising element in the cathode of EV batteries.
Stellantis will also make an equity investment in Element 25.
Stellantis plans to invest more than €30 billion through 2025 in electrification and software development, while aiming to become 30 percent more efficient than the industry with respect to total Capex and R&D spend versus revenues.
Carlos Tavares, Stellantis CEO, says: “Our commitment to a carbon net zero future includes creation of a smart supply chain to ensure we meet our customers’ desire for EVs. Electric vehicles that deliver breakthrough customer experience in propulsion, connectivity and convenience are central to our Dare Forward 2030 plan that delivers safe, clean and affordable mobility.”
“Stellantis’ support for Element 25’s high purity battery-grade manganese sulphate project is a fantastic endorsement by one of the world’s largest automakers and validates our plans to become a globally significant long-term supplier of battery materials to meet growing global demand,” adds Element 25 Managing Director, Justin Brown. “We are fully aligned with Stellantis’ decarbonization and electrification goals, which represent some of the most ambitious in the industry and have committed to reach agreed net zero carbon emission goals under this deal.”
As part of its Dare Forward 2030 strategic plan, Stellantis announced plans of reaching 100% of passenger car BEV sales mix in Europe and 50% passenger car and light-duty truck BEV sales mix in the United States by 2030.