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Electric vehicle battery company Element 25 to set up refinery in Ascension Parish
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ASCENSION PARISH - Electric vehicle battery company Element 25 reached an agreement to build a high-purity manganese sulphate monohydrate refinery in Ascension Parish.
The 35-acre site is in Burnside. It is a key development in the company's agreement with General Motors, one of their partners.
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GM has committed $85M in senior secured debt funding to the Burnside project.
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