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Evolution Energy Advances Chilalo Graphite, Farms Out Chikundu VHMS Prospect

4:17am on Monday 2nd of June, 2025 AEST Mining
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Evolution Energy Advances Chilalo Graphite, Farms Out Chikundu VHMS Prospect

4:17am on Monday 2nd of June, 2025 AEST
Key Points
  • Strategic review and cost reduction underway at Chilalo graphite project
  • Early Contractor Involvement process started for Chilalo graphite process plant
  • Term sheet signed with Oscillate plc for farm-out of Chikundu VHMS prospect
  • Oscillate to fund up to $4.5 million exploration expenditure to earn 100% interest
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