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Infrastructure Boost for BlackEarth Minerals’ Maniry Graphite Mine

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Infrastructure Boost for BlackEarth Minerals’ Maniry Graphite Mine

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BlackEarth Minerals NL ( (AU:EVG) ) has shared an update.

BlackEarth Minerals NL is set to benefit from strategic infrastructure projects in Madagascar, which aim to enhance access to its Maniry Graphite Mine. The rehabilitation of the RN10 national highway, funded by the World Bank, and the inauguration of the EU-funded Kiembe Boulevard are expected to significantly improve logistics and reduce transport costs, thus bolstering the supply chain for critical minerals. These developments align with Madagascar’s national strategy for economic growth and position the Maniry Project for long-term participation in global supply chains.

More about BlackEarth Minerals NL

Average Trading Volume: 310,811

Technical Sentiment Signal: Sell

Current Market Cap: A$6.96M

For a thorough assessment of EVG stock, go to TipRanks’ Stock Analysis page.

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