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EV Resources Limited (ASX:EVR)

ALERT: Price-sensitive ASX Announcement for EVR
Current share price for EVR : $0.005 0.001 (25%)+
Announcement
Release
31 Jul 2026 9:21AM
Price at Release
$0.004
Full Release
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Summary
EV Resources Limited announced the completion of the grinding circuit refurbishment at its Tecomatlán Processing Plant in Mexico, with the first production of antimony concentrate expected in the second half of the calendar year 2026. The company is accelerating production by integrating its gravity and flotation circuits. Test work confirmed an 81% recovery rate of antimony from third-party ore. Additionally, feedstock agreements are in place covering 50-60% of the plant’s capacity, and environmental permits have been secured. At Los Lirios, exploration confirmed a significant shallow antimony system, supporting long-term production. The cash flow report indicates significant investments and operating expenses for the quarter.
Key Points
  • Grinding circuit refurbishment at Tecomatlán Processing Plant complete and dry commissioned.
  • First antimony concentrate targeted for 2H CY2026 via proof-of-concept model.
  • Integrated circuit combining gravity and flotation stages for accelerated production timeline.
  • Third-party Chinantla ore test results confirm flotation recovery rates of 81% at 42.4% Sb concentrate grade.
  • Feedstock pipeline agreements cover approximately 50–60% of plant's capacity.
  • Environmental permits secured for Tecomatlán processing plant.
  • Tecomatlán Plant commissioning advancing with low-cost permitting pathway.
  • Shallow antimony system confirmed at Los Lirios with high-grade drill results.
  • Exploration Target at Los Lirios estimated between 1.8Mt to 5.0Mt of antimony.
  • Cash flows for the quarter show net cash used in operating and investing activities.
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.