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BlackEarth Minerals NL ( (AU:EVG) ) has shared an update.
Evion Group NL, a subsidiary of BlackEarth Minerals, reported significant progress in its operations for the quarter ending September 2025. The company secured a substantial investment from Atlas Strategic Assets Inc., raising approximately A$2.3 million to expand its graphite production facilities in India and explore opportunities in the United States. This strategic investment underscores the importance of Evion’s Maniry Graphite Project and its potential to enhance supply chains in Europe and the United States, particularly in industrial and defense sectors. The company also received EU grant funding to support workforce training in Madagascar and is in discussions with European EV manufacturers for future supply agreements.
More about BlackEarth Minerals NL
BlackEarth Minerals NL operates in the critical minerals industry, focusing on the production and supply of graphite. The company is involved in the development of the Maniry Graphite Project in Madagascar and operates expandable graphite production facilities in India. It aims to supply critical minerals to support industrial and defense supply chains in the United States and allied countries.
Average Trading Volume: 1,152,179
Technical Sentiment Signal: Buy
Current Market Cap: A$14.55M
Find detailed analytics on EVG stock on TipRanks’ Stock Analysis page.