Element 25 (ASX:E25) obtained the final statutory approval from the Western Australia's Department of Water and Environmental Regulation for the expansion of the company's Butcherbird manganese mine, according to a Wednesday filing with the Australian bourse.
The proposed project is now fully approved under the Western Australian regulatory framework, enabling the start of construction for the project's processing facility, per the filing.
The mine is being expanded to produce 1.1 million tonnes per annum of high-quality manganese oxide concentrate for customers within the downstream steel industry.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。