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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
6 Aug 2026 9:43AM
Price at Release
$0.004
Full Release
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Summary
EV Resources Limited (EVR) has secured its first binding five-year ore supply agreement with Lucero Grupo Minero de Puebla S.A. de C.V., marking a significant step in its Tecomatlán Proof-of-Concept antimony processing campaign. This agreement transforms a previously non-binding MOU into a formal contract, establishing a commercial framework for ongoing deliveries of high-grade antimony ore to the Tecomatlán Processing Plant, which is only 8km from the ore source. The deal includes benchmark-linked commercial terms and aims to support EVR's strategy of building a regional supply network, reducing haulage costs, and securing a local route to market for antimony producers across Mexico. The company is also working on acquiring a 200-tonne high-grade stockpile from Chinantla to feed its initial processing efforts. EVR is funded through this phase and is looking to develop strategic partnerships to advance its North American antimony supply chain.
Key Points
  • EVR secures first binding five-year ore supply agreement with Chinantla.
  • Tecomatlán Processing Plant to receive high-grade antimony ore.
  • Agreement converts non-binding MOU to a formal contract.
  • Tecomatlán strategy includes a regional supply network.
  • Benchmark-linked pricing aligns with international antimony market.
  • EVR focuses on Proof-of-Concept campaign with 200-tonne stockpile.
  • Efforts aim to reduce haulage costs and provide local market access.
  • EVR seeks strategic partners for North American supply chain.
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.