Element 25 (ASX:E25) says production of the highest purity ?battery grade? manganese chemical (HPMSM) is the focus of its soon-to-be completed feasibility study.

The company wants to build the first HPMSM conversion facility to produce electric vehicle fuel for lithium ion batteries at its 100% owned Butcherbird Project.

Demand for the specialty material is expected to grow rapidly in coming years, in line with the growth in production of electric vehicles.

Element?s share price closed at $0.86 today, up 18%.