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Evion Group NL (ASX:EVG)

ALERT: Price-sensitive ASX Announcement for EVG
Current share price for EVG : $0.015 -0.006 (-28.57%)+
Announcement
Release
25 Aug 2026 8:53AM
Price at Release
$0.021
Full Release
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Summary
Evion Group NL has executed its first binding agreement for the supply of natural flake graphite concentrate to a German graphite purchaser from its Maniry Graphite Project in Madagascar. This agreement covers the supply of a minimum of 10,000 tonnes annually for five years, totaling approximately 50,000 tonnes, representing 26% of the project's Stage 1 production target. The agreement includes a pricing mechanism based on market reference prices and a floor price to ensure financial viability. This milestone supports Evion's project financing efforts and leaves 74% of production available for further commercial opportunities.
Key Points
  • First binding sales commitment for Maniry Graphite Project
  • Agreement for 10,000 tonnes per annum for five years
  • Covers 26% of Stage 1 production target
  • Pricing based on market reference and a floor price
  • Supports project financing efforts
  • Strategic recognition by European Union
  • 74% of production remains uncommitted for future opportunities
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.