Element 25 Formally Granted 21-Year Term Mining Lease for Butcherbird, Stock in Green

  • Jun 30, 2020 AEST
  • Team Kalkine
Element 25 Formally Granted 21-Year Term Mining Lease for Butcherbird, Stock in Green


  • Manganese markets are currently strong, with demand growing amid supply constraints
  • Element 25’s world class Butcherbird Manganese Project is close to end users than its peers and is in Western Australia, ranked as the #1 mining investment jurisdiction globally, as per the Company
  • Adhering to a staged development strategy, Element 25 is on the right path to achieve a vital goal of junior explorers- to transition into an efficient miner
  • Recent developments include inking of Access Agreement and off-take MoU, new drilling programme and formal grant of Mining Lease

Firmly on the path to transition from an explorer to a miner, Element 25 Limited (ASX:E25) is building a globally significant, low cost, high purity manganese project, the Butcherbird Manganese Project. Turbocharged by capex early cashflow from a low concentrate export opportunity, the Project has been progressing well.

The last few days have kept Element 25 at the forefront of market and investors, owing to a new Access Agreement, a newly started drilling programme, a new off-take MoU and most recently- formal grant of Mining Lease M52/1074 for the Project.

Butcherbird Mining Lease Granted

Western Australian Department of Mines, Industry Regulation and Safety has finally given a signal to Butcherbird Mining Lease with the formal grant of M52/1074 for a term of 21 years. This further open doors towards formal lodgement of mining approval documentation.

According to Managing Director Mr Justin Brown, the mining lease grant is “a pivotal step” in the Project’s development. It also well positions Element 25 to a way forward the project towards the commencement of production and cashflows.

So much so, post release of this update, E25 was up by a significant 11.11 per cent and settled close to its 52-weeks high at $ 0.45 on the ASX. The stock has delivered whopping returns of 252.17 per cent in the last three months.

What to Expect Next?

Several relevant approvals that are a necessity to commence mining are well advanced, Element 25 notified. Consequently, these are likely to be lodged within the coming weeks.

Besides this, Element 25 is pursuing a staged development strategy with the production of manganese concentrate to produce early cashflows with a low capital requirement for Stage 1. This will be followed by expansion into downstream processing to produce high purity manganese in future plans.

Owing to promising results from the Pre-Feasibility Study (PFS) released in May 2020 Element 25 now plans to expedite project delivery and begin production once it seems feasible. It should be noted the PFS demonstrated outstanding economics with respect to the production of manganese concentrate and affirmed potential for a robust, long life operation with a low capital cost and strong operating margins.

Recent Milestones Propelling Butcherbird Developments

The Project leverages from a large resource currently over 260 Mt of manganese ore in Measured, Indicated and Inferred JORC resources and Maiden Proved and Probable Reserve of 50.6M tonnes at 10.3% Mn for 5.22t of contained manganese.

In merely the last one week, Element 25 has intimated about the following milestones attained by the Company pertaining to Butcherbird-

Operate in a Tier 1 jurisdiction and at the back of these significant developments, it will be interesting to gauge Element 25’s path to produce clean, low cost, ethical manganese products for world markets and become a globally significant manganese producer, while it aims to achieve best in class quality and cost profile.

GOOD READ: Element 25’s Butcherbird Manganese Project: Key Development Milestones To Date


This website is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The website has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is sponsored but NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) under discussion. We are neither licensed nor qualified to provide investment advice through this platform.

All pictures are copyright to their respective owner(s).Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.


There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK