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Everlast Minerals Ltd. (ASX:EV8)

ALERT: Price-sensitive ASX Announcement for EV8
Current share price for EV8 : $0.360 -0.02 (-5.26%)+
Announcement
Release
15 Oct 2026 8:17AM
Price at Release
$0.380
Full Release
download
Summary
Everlast Minerals Ltd announced that its third trial mineral sands export from Bangladesh is scheduled for 16 October 2026, comprising about 500 tonnes of concentrates made up of 300 tonnes of garnet and 200 tonnes of magnetite. The shipment is intended not only to test international demand for these additional mineral products but also to further validate the Company’s logistics and supply chain capabilities, including inland transport, cargo handling and port infrastructure at Chittagong Port. Everlast said the trial will generate operational data to support planning for larger and more frequent exports, guide future capital investment in stockpiles, transport fleets and materials handling equipment, and build on earlier trial-commercial exports and recent improvements such as trial operations of its new spiral processing platform, as the Company advances its Bangladesh mineral sands projects toward commercial-scale production.
Key Points
  • Third trial mineral sands export is scheduled for 16 October 2026.
  • Shipment comprises approximately 500 tonnes of mineral concentrates.
  • Cargo includes 300 tonnes of garnet concentrate and 200 tonnes of magnetite concentrate.
  • The export expands Everlast’s trial commercial product range and tests international market demand for garnet and magnetite.
  • The shipment is designed to validate logistics and supply chain capabilities, including transport, handling and Chittagong Port infrastructure.
  • The trial will assess operational requirements for larger-volume exports and provide data on transport capacity, cargo management and port procedures.
  • Results are expected to inform future investment decisions on stockpiles, transport fleets and materials handling equipment.
  • The milestone builds on previous trial-commercial shipments and recent operational improvements, including trial operations of a new spiral processing platform.
  • Everlast said the staged export program is intended to reduce execution risk as it moves toward commercial-scale mineral sands production in Bangladesh.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.