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BlackEarth Minerals NL ( (AU:EVG) ) has issued an announcement.
Evion Group Ltd has made significant progress in the development of its Maniry Graphite Project, receiving community support and potential EU grant funding for early-stage development and training. The company is engaging with European electric vehicle manufacturers to secure supply agreements and is in discussions with potential funding partners to support the project’s capital requirements. Evion is also working on updating its Battery Anode Manufacturing Scoping Study to meet European demand, with positive feedback from the Maniry community and the Madagascar Government, potentially fast-tracking permit approvals.
More about BlackEarth Minerals NL
Evion Group Ltd (ASX: EVG) operates in the graphite industry, focusing on the development of the Maniry Graphite Project in Madagascar. The company is also involved in operations in India and plans for a Battery Anode Manufacturing plant in Germany. Evion aims to supply graphite concentrate to battery manufacturers and other industries, with a market focus on European electric vehicle manufacturers.
Average Trading Volume: 716,545
Technical Sentiment Signal: Buy
Current Market Cap: A$13.92M
For detailed information about EVG stock, go to TipRanks’ Stock Analysis page.