Sealed battery from Stellantis

Budrigannews.com – Stellantis and Australian miner Element 25 announced on Monday that they have agreed to supply manganese sulphite for Stellantis’ electric vehicle (EV) batteries.

Stellantis’s efforts to secure long-term supplies of essential raw materials for electric vehicles continue with this agreement as automakers prepare for an increase in global demand for EVs as part of the shift toward cleaner transportation.

Stellantis, the third-largest carmaker in the world by sales, has previously contracted with Vulcan Energy Resources and Controlled Thermal Resources (CTR) in the United States for the supply of lithium hydroxide and with GME Resources for the supply of nickel and cobalt sulphate.

Element 25 will supply Stellantis with high-purity manganese sulphate monohydrate for use in battery packs in accordance with the five-year binding agreement that was announced on Monday.

With options to extend the term and the volumes, deliveries of 45 kilotons are expected to begin in 2026.

The deal’s financial details were not provided.

Element 25 intends to construct a processing facility in the United States and will obtain the raw materials from its Butcherbird project in Western Australia. In the meantime, the two businesses added in a statement that Stellantis will make an equity investment in Element 25.

Stellantis CEO Carlos Tavares stated, “Our commitment to a carbon net-zero future includes the creation of a smart supply chain to ensure we meet our customers’ desire for EVs.”

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Stellantis was created when Fiat Chrysler and Peugeot merged (OTC:) By 2030, maker PSA wants battery electric vehicles to account for 100% of its passenger car sales in Europe and 50% of its passenger car and light-duty truck sales in the United States.