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Evion Group Welcomes International Support for Madagascar’s New Leadership

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Evion Group Welcomes International Support for Madagascar’s New Leadership

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An update from BlackEarth Minerals NL ( (AU:EVG) ) is now available.

Evion Group Ltd has welcomed the international support for Madagascar’s new President, Michael Randrianrina, as it seeks to advance its Maniry Graphite Project. The company has received assurance that a €3,000,000 EU grant for development and training is on track, signaling strong backing for its operations. Additionally, Evion is expanding its operations in India and securing new supply agreements with international buyers, reflecting a strategic shift in global graphite supply chains away from China.

More about BlackEarth Minerals NL

Evion Group Ltd, trading as Evion, is a vertically integrated graphite developer with projects in Madagascar, India, and Europe. The company focuses on developing graphite supply chains outside of China, aiming to become a significant supplier of critical minerals to the EU and USA.

Average Trading Volume: 687,555

Technical Sentiment Signal: Sell

Current Market Cap: A$9.66M

Find detailed analytics on EVG stock on TipRanks’ Stock Analysis page.

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