Stellantis and Element 25 have announced the signing for a binding agreement for Element 25 to supply battery grade, high purity manganese sulphate monohydrate to Stellantis for use in electric vehicle battery packs.
The agreement, which will last for five years, is said to begin in 2026. A total volume of 45 kilotons will be shipped and the company will have the option to extend the supply term and volumes.
The press release stated that Element 25 will source the material from its Butcherbird project in Western Australia and plans to construct a processing facility in the US.
“Our commitment to a carbon net zero future includes creation of a smart supply chain to ensure we meet our customers’ desire for EVs,” said Carlos Tavares, Stellantis CEO. “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 released a Dare Forward 2030 strategic plan which aimed to reach 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. Stellantis will be the industry champion in climate change mitigation, becoming carbon net zero by 2038, with a 50% reduction by 2030.
Stellantis plans to be an industry leader in climate change mitigation by becoming carbon net zero by 2038, and 50% reduction by 2030.
Stellantis plans to invest more than €30 billion through 2025 in electrification and software development, while targeting to continue to be 30 percent more efficient than the industry with respect to total Capex and R&D spend versus revenues, said the company’s press release.
“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,” Element 25 Managing Director Justin Brown said. “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.”
Press release and picture: Stellantis
