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BlackEarth Minerals NL ( (AU:EVG) ) has shared an announcement.
Evion Group NL has secured a significant order for 300 metric tonnes of expandable graphite to be supplied to a leading US-based graphite supply chain company, generating approximately A$1.5 million in revenue. This move strengthens Evion’s position as a reliable, non-Chinese supplier of critical minerals, aligning with the US’s strategic objective to diversify its supply chains. The company anticipates continued growth in shipments to the US and ongoing sales to the EU, driven by increasing demand for high-quality, non-Chinese sources of critical minerals.
The most recent analyst rating on (AU:EVG) stock is a Hold with a A$0.03 price target. To see the full list of analyst forecasts on BlackEarth Minerals NL stock, see the AU:EVG Stock Forecast page.
More about BlackEarth Minerals NL
Evion Group NL is a vertically integrated graphite developer with projects in Madagascar, India, and Europe. The company focuses on supplying expandable graphite, which is essential for various industries such as aerospace, EV, energy storage, military applications, and electronics.
Average Trading Volume: 1,176,652
Technical Sentiment Signal: Buy
Current Market Cap: A$15.31M
See more data about EVG stock on TipRanks’ Stock Analysis page.