Electric vehicle battery company Element 25 to set up refinery in Ascension Parish [Video]

ASCENSION PARISH – Electric vehicle battery company Element 25 reached an agreement to build a high-purity manganese sulphate monohydrate refinery in Ascension Parish.

The 35-acre site is in Burnside. It is a key development in the company’s agreement with General Motors, one of their partners.

GM has committed $85M in senior secured debt funding to the Burnside project.