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BlackEarth Minerals NL ( (AU:EVG) ) has shared an announcement.
Evion Group NL has been invited by the European Union to join the EU Energy & Raw Materials Platform as a priority supplier of graphite concentrate. This invitation highlights the Maniry Graphite Project in Madagascar as the EU’s preferred supplier from Africa, positioning Evion to play a significant role in Europe’s transition to clean energy and expansion of its electric vehicle production. The initiative is expected to enhance Evion’s market presence in Europe, facilitate offtake agreements, and attract potential financing and development partners.
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 graphite concentrate, particularly for use in lithium-ion batteries and other applications, and is positioned for growth in the clean energy and electric vehicle sectors.
Average Trading Volume: 1,183,178
Technical Sentiment Signal: Buy
Current Market Cap: A$16.95M
For detailed information about EVG stock, go to TipRanks’ Stock Analysis page.