)
Element 25 (E25) investor relations material
Element 25 H1 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Operations focused on the Butcherbird Manganese Project, with expansion and HPMSM facility development underway in Australia and the USA.
Secured AU$50 million senior debt facility and AU$10 million share placement to fund expansion and working capital.
Awarded US$166 million grant from the US Department of Energy for the Louisiana HPMSM facility.
No manganese ore sales during the period due to expansion activities; site remained in care and maintenance.
Financial highlights
Operating loss after tax for the half year ended 31 December 2025 was $1,900,733, an improvement from $2,435,181 in the prior year.
No revenue from manganese ore sales; other income totaled $102,207 (2024: $94,170).
General and administration expenses increased to $1,577,028 (2024: $1,128,529).
Cash balance at 31 December 2025 was $7,772,915.
Basic and diluted loss per share improved to (0.71) cents from (1.10) cents.
Outlook and guidance
Targeting commercial production from Butcherbird Expansion Project by Q1 CY2027.
HPMSM facility in Louisiana expected to produce 65,000 metric tonnes annually, reducing US dependency on Chinese supply.
Ongoing exploration at Lake Johnston Project for gold and lithium.
- Butcherbird expansion and US HPMSM project advanced, despite FY24 revenue and margin declines.E25
H2 202424 Mar 2026 - Expanding Australian manganese mine and US refinery target global battery and steel markets.E25
Investor presentation3 Mar 2026 - BBX expansion and US HPMSM refinery progress, with robust funding and approvals.E25
Q2 2026 TU27 Jan 2026 - US$166M DOE grant, AU$50M NAIF debt, and resource upgrades drive future growth.E25
H2 202511 Dec 2025 - Major mine and U.S. refinery expansion advance to meet surging EV battery manganese demand.E25
Investor Update12 Nov 2025 - Raised AU$10M equity, secured AU$50M debt, and advanced global HPMSM projects; cash AU$10.19M.E25
Q1 2026 TU9 Nov 2025 - AU$50M NAIF debt and US$166M DoE grant drive BBX and HPMSM project growth.E25
Q4 2025 TU30 Jul 2025 - Low-carbon manganese supply chain expansion targets global EV battery markets with DOE-backed US refinery.E25
Investor Presentation2 Jul 2025 - Major project funding secured and expansion approved, but no sales revenue recognized in H1 2025.E25
H1 202522 Jun 2025
Next Element 25 earnings date
Next Element 25 earnings date
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Explore our global coverage
)
)