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Evion Group Secures EU Funding for Maniry Graphite Project

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Evion Group Secures EU Funding for Maniry Graphite Project

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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.

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