South32 Hermosa Secures US$166 Million DOE Grant for Battery Manganese Project

Published: Apr 13, 2026 19:35

Save

South32’s Hermosa project in Arizona has been notified of a US$166 million grant from the U.S. Department of Energy (DOE) to support development of a commercial-scale battery-grade manganese facility.
The funding will support construction of a key part of the project, which aims to strengthen U.S. domestic supply of critical battery materials for EV and energy storage applications.
According to the project timeline, early development and construction activities are progressing through 2025–2027, with zinc-production targeted around 2027.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

2 hours ago

Vinacomin Reports Copper and Zinc Output Alongside Strong Fiscal Contribution from Mining Sector

Vietnam’s mining group Vinacomin reported production of copper concentrate at around 9,200 tonnes and zinc output at around 1,100 tonnes in the latest reporting period, according to its update for the first two months of 2026. The group also contributed VND 4.44 trillion (approximately USD 169.5 million) to the state budget over the same period.

2 hours ago

4 hours ago

China Zinc Ingot Inventory Recorded an Increase, SHFE Zinc in the Doldrums [SMM SHFE Zinc Brief Review]

[China Zinc Ingot Inventory Recorded an Increase, SHFE Zinc in the Doldrums]: The most-traded SHFE zinc 2605 contract opened at 23,560 yuan/mt. After the opening, SHFE zinc was in the doldrums, hitting an intraday low of 23,430 yuan/mt and touching a high of 23,605 yuan/mt near the close. It finally settled lower at 23,575 yuan/mt, down 10 yuan/mt, a decline of 0.04%.

4 hours ago

Tibet Huayu Mining Faces Control Change as Shareholder Sells 11% Stake to Henan Wanyang Qixin

On April 11, Tibet Huayu Mining Co., Ltd. issued a disclosure announcement regarding the signing of a "Share Transfer Agreement" and a "Concert Party Agreement" by its controlling shareholder, as well as the proposed change of control. According to the announcement, the equity change involved Henan Wanyang Qixin Management Co., Ltd. acquiring 90,196,117 shares of Tibet Huayu Mining Co., Ltd. held by Tibet Daoheng Investment Co., Ltd. through a negotiated transfer, accounting for 11.00% of the publicly listed firm's total share capital. In 2024, Tibet Huayu's production of zinc concentrates was 19,600 mt in metal content, lead-antimony concentrates (silver-bearing) 16,500 mt in metal content, gold concentrates 1.87 mt, and antimony concentrates 1,500 mt in metal content.

4 hours ago