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Stellantis Finalizes Major EV Battery Deal With Element 25

Posted on January 13, 2023

Stellantis has announced it has finalized a five-year agreement with Australian mining company Element 25 that will secure the supply of high-purity manganese sulfate monohydrate for electric vehicle batteries. The world’s third-largest automaker in terms of sales, owner of the Jeep, Ram, Dodge, Chrysler, Fiat, and Alfa Romeo brands, is now in a solid position to proceed with its EV plans just as rival automakers are preparing for major global demand for battery electrics in the coming years.

Manganese is a core stabilizing agreement in a battery’s cathode for nickel-cobalt chemistries. A total of 49,604 tons from Element 25’s operation in western Australia will get underway in 2026. The agreement also has the option to extend the supply and total volumes.

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The post Stellantis Finalizes Major EV Battery Deal With Element 25 appeared first on WorldNewsEra.

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