Stellantis Signs Agreement With Element 25 To Supply Manganese-Sulfate Batteries!

Stellantis has announced that it has signed a binding agreement for the supply, by Element 25, of high purity manganese monohydrate for the production of battery packs for Stellantis electric vehicles. The 5-year agreement provides for the delivery of a total volume of 45 kilotons from 2026, with the possibility of extending its duration and increasing volumes.

Element 25 will source the material from its Butcherbird project in Western Australia, and also plans to build a processing plant in the United States. Stellantis will proceed with an investment in Element 25.

‘Our commitment to a net zero-carbon future includes the creation of an intelligent supply chain, which allows us to meet our customers’ demand for electric vehicles,’ said Carlos Tavares, CEO of Stellantis. ‘Producing electric vehicles that provide customers with an innovative experience in terms of propulsion, connectivity and functionality is a key element of our Dare Forward 2030 plan for safe, clean and affordable mobility.’

The agreement with Element 25 strengthens Stellantis’ electrification strategy, which includes the supply of substantial quantities of raw materials for the production of battery-powered electric vehicles (BEVs). Manganese is an essential stabilizer element of the cathode of electric vehicle batteries.

As part of the Dare Forward 2030 strategic plan, Stellantis announced its goal of covering 100% of the mix of sales with BEV cars in Europe and 50% with BEV passenger cars and light commercial vehicles in the United States by 2030. Stellantis will be the industry’s benchmark in the fight against climate change, with the goal of reaching the net zero emissions target by 2038, with a 50% reduction by 2030.

Stellantis has announced its intention to invest more than €30 billion in electrification and software development until 2025. The goal is to continue to be 30% more efficient than the industry in terms of total Capex and R&D spending compared to revenues.

“Starntis’ support for the Element 25 project for the production of high-purity manganese sulfate for batteries represents an extraordinary attestation of estimation by one of the world’s leading automakers and confirms the validity of our plan to become a long-term global supplier of battery materials in order to meet the growing global demand,” said Justin Brown, Managing Director of Element 25. ‘We are perfectly aligned with Stellantis’ decarbonization and electrification targets, which are among the most ambitious in the industry, and with this agreement we are committed to promoting zeroing net carbon emissions.’

The fulfilment of the parties to the binding agreement shall be subject to the successful completion of the technical checks and the feasibility study.