Aussie firm plans RM1bil plant in Sarawak

TheStar Mon, Jul 11, 2022 07:10am - 1 year View Original


The company’s top executives presented the proposal to Sarawak Deputy Premier and Minister of International Trade and Investment Datuk Amar Awang Tengah Ali Hasan (pic) and his delegation at a recent roundtable networking session with Australia Malaysia Business Chamber Western Australia in Perth.

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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