KUCHING: Australia-based Element 25 Pte Ltd is planning a major investment in a manufacturing plant in Sarawak to produce high purity manganese sulphate (HPMSM) for lithium-ion batteries used by electric vehicles (EVs).
HPMSM is the highest purity “battery grade” manganese chemical used in lithium-ion batteries.
Element 25, which is listed on the Australian Securities Exchange, has proposed to invest A$300mil to A$400mil (RM904mil to RM1.21bil) in the project.
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