E25 (ASX: E25) has entered a non-binding Memorandum of Understanding with Nissan Chemical Corporation (NC) and NC Tokyo Bay Corporation (NCTB) to conduct a Feasibility Study for a High Purity Manganese Sulphate Monohydrate (HPMSM) facility in Chiba, Japan. Key synergies identified include sulphuric acid supply, as NCTB operates a sulphuric acid plant that can provide essential materials for the project. Additionally, NCTB has substantial ancillary infrastructure, utilities, and services that can benefit the HPMSM facility. The site in Tokyo Bay features private berths capable of handling both liquid and bulk cargo, enhancing logistical efficiency. This collaboration aims to leverage E25's low-emission technology and NCTB's existing resources to establish a competitive HPMSM production facility, aligning with the growing demand for sustainable battery materials in the electric vehicle industry.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.