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Element 25 (ASX: E25) is an Australian mining company whose flagship asset is the Butcherbird Manganese Project in the Pilbara region of Western Australia — a large, long-life manganese ore deposit (Ore Reserve of 101.4 Mt at 10.4% Mn per the 28 Jul 2026 ASX release) producing manganese oxide concentrate.
Named counterparties identified by open-source research and written only where a primary source states the relationship — never inferred from sector or co-mention. 1 customer-side. This is a partial view: it covers the relationships we could evidence, not the company's full supply base.
Up to 32,500 t/yr battery-grade HPMSM from the planned Louisiana facility; GM provided an $85M construction loan. Facility not yet producing (ASX 28 Jul 2026). Trade press (May 2026) reported E25 reassessing the facility and discussing changes to the agreement amid shifting EV demand — not independently confirmed this pass.
Scope. Absence of a counterparty here is not evidence that none exists — most commercial sourcing is confidential and never becomes public. Rows without a share figure mean no share was disclosed, not that the relationship is small.
2 other tracked dossiers name this company as a counterparty in its own sourced disclosure — this platform never wrote these rows on this company's own page, they are read here inverted from the dossier that disclosed them. This is a partial view: 990 additional named-counterparty rows across the corpus could not be matched to a tracked dossier by name at all (mostly non-Latin legal names), so the true count is higher than what renders here.
Binding 5-year offtake (announced 2023-01-09) for up to 45,000t of battery-grade high-purity manganese sulphate monohydrate, sourced from Element 25's Butcherbird Manganese Project (Western Australia) and processed at a planned US (Louisiana) facility; shipments originally slated to begin 2026. Paired with a USD 15m equity investment (22,569,967 shares at A$1.00/share, completed Jul-2023 per investingnews.com/proactiveinvestors.com corroboration) — percentage stake not disclosed in any source checked, so related_party stays false, same arm's-length convention as Vulcan/CTR. First named manganese raw-material counterparty found for Stellantis — closes the manganese leg of the disclosed-category-not-named-supplier gap (lithium/nickel/cobalt/graphite already closed 2026-09-18/20; the Nd/Pr/Dy/Tb magnet leg stays open).
Element 25 announced (reported 2026-05-26, updated 2026-07-06) a review of its Louisiana HPMSM facility execution plan, citing shifting EV demand and battery-chemistry trends, stating 'parallel discussions are also underway with Stellantis to realign their procurement arrangements' — no volume, percentage or termination disclosed. NOT a confirmed cancellation: Element 25 is absent from the electrive.com/clubalfa.it 2025-11 three-contract termination round-up that named Alliance Nickel, Novonix and Westwater, so this reads as an open renegotiation rather than a fourth cull casualty. Second vintage of the same counterparty per R164 — a status change, not a percentage share, so no delta computed.
Scope. This section is inverted evidence: each linked dossier wrote the original row about itself, describing its own relationship to this company. It is never a claim this company itself disclosed. Absence here is not evidence of no relationship — most of the corpus has no named-counterparty block at all yet.
This company sits on the supply side for 1 of its 1 materials — a restriction on those is a tailwind, not a headwind.
No actions in the register have named or swept this company in the last 24 months.