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BlackEarth Minerals NL ( (AU:EVG) ) has provided an update.
Evion Group has made significant progress in securing EU grant funding for its Maniry Graphite Project in Madagascar. The company has received its first tranche of funding to commence staff training, with further applications in process for additional financial support from the European Investment Bank and KfW Development Bank. This funding is expected to expedite the project’s development and strengthen Evion’s position as a key graphite supplier to the EU.
More about BlackEarth Minerals NL
Evion Group is a vertically integrated graphite developer with projects in Madagascar, India, and Europe, focusing on the growth and development of graphite resources.
Average Trading Volume: 594,606
Technical Sentiment Signal: Buy
Current Market Cap: A$11.42M
For a thorough assessment of EVG stock, go to TipRanks’ Stock Analysis page.