Stellantis secures manganese supplies from Element 25

The Stellantis Group and Element 25 Limited have announced the signing of a binding agreement for the supply of high-purity battery-grade manganese sulfate monohydrate produced by Element 25 for use in Stellantis' electric vehicle battery packs. The five-year contract provides for deliveries starting in 2026, a total volume of 45 kilotons, and options to extend the delivery period and increase delivery volumes. Element 25 will source the material from its Butcherbird Project in Western Australia. A processing plant will be built in the United States. Stellantis will make a capital investment in Element 25.

"Our pursuit of a carbon-free future includes creating a smart supply chain to ensure that we meet our customers' desire for electric vehicles," said Stellantis CEO Carlos Tavares.

Electric vehicles are at the center of our "Dare Forward 2030" plan, which aims for safe, clean, and affordable mobility. The agreement with Element 25 supports the electrification strategy, which also includes securing extensive raw material supplies for the production of battery-electric vehicles (BEV). Manganese is an important stabilizing element in the cathode of electric vehicle batteries. As part of its strategic plan, the Group aims to achieve a sales mix of 100% BEV passenger cars in Europe and 50% passenger cars and light commercial vehicles in the United States by 2030. Stellantis is a leader in the industry in combating climate change and will be climate neutral by 2038. CO2 emissions are to be reduced by 50% by 2030. Stellantis plans to invest more than 30 billion euros in electrification and software development by 2025. At the same time, the company aims to remain 30% more efficient than the industry average in terms of total investment and R&D spending relative to revenue.