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Evion Group NL (ASX:EVG)

ALERT: Price-sensitive ASX Announcement for EVG
Current share price for EVG : $0.036 0.009 (33.33%)+
Announcement
Release
30 Jan 2026 6:16PM
Price at Release
$0.027
Full Release
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Summary
Evion Group NL, a vertically integrated graphite developer, reported significant progress in its operations for the quarter ending December 2025. The company strengthened its financial position through a strategic placement raising about A$2.3 million and secured a substantial sales agreement in the US for expandable graphite. Evion advanced its flagship Maniry Graphite Project in Madagascar, supported by European development partners, while maintaining engagement with stakeholders to promote strategic supply chains outside of China. The company's efforts were bolstered by its recognition as a Strategic Project under the EU's Critical Raw Materials Act, and it ended the quarter with a cash balance of A$2.3 million.
Key Points
  • Evion Group NL, an ASX-listed company, reports on its quarterly activities and cash flow.
  • The company advanced its Maniry Graphite Project in Madagascar and expanded operations in India and Europe.
  • A placement led by Atlas Strategic Assets raised approximately A$2.3 million to strengthen Evion's cash position.
  • Evion secured a A$1.5 million sales agreement for expandable graphite with a major US group.
  • Ongoing engagement with European partners includes grant applications totaling over €1.2 million.
  • The Maniry Project is recognized by the EU as a Strategic Project under the Critical Raw Materials Act.
  • Evion ended the quarter with a cash balance of A$2.3 million.
  • The company continues to focus on building a non-Chinese supply chain for critical minerals.
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.