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Evion Group Launches $2M Expandable Graphite Sales, Advances Madagascar Mine Licenses

10:54am on Thursday 30th of January, 2025 AEDT Mining
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Evion Group Launches $2M Expandable Graphite Sales, Advances Madagascar Mine Licenses

10:54am on Thursday 30th of January, 2025 AEDT
Key Points
  • First sales of A$2 million from expandable graphite JV near Pune, India
  • Initial 386 tonnes contracted to European buyers at over US$3,000/tonne FOB
  • Madagascar government endorses conversion of exploration licenses to mining licenses
  • Local community in Madagascar formally supports Maniry Graphite Project development
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