Evion Ships 80 Tonnes of Expandable Graphite to US, Generating A$400K Revenue

Strategic US Entry for Evion’s Panthera Graphite JV

Evion Group Ltd (ASX – EVG) has taken a decisive step into the US market with its 50/50 joint venture, Panthera Graphite, securing a substantial order for expandable graphite from a leading American graphite supply chain company. The shipment of 80 metric tonnes, valued at around A$400,000, will be dispatched over the coming months from the JV’s facility near Pune, India.

This maiden US order is more than just a commercial milestone; it signals a broader shift in global critical mineral supply chains. With the United States actively seeking to reduce reliance on Chinese sources, Evion’s ability to deliver high-quality expandable graphite positions it as a reliable alternative supplier in a market hungry for secure and diversified inputs.

Meeting Growing Demand in High-Tech Sectors

Expandable graphite is a vital material used for thermal management and fire retardancy, especially in sectors experiencing rapid growth such as aerospace, electric vehicles, energy storage, military applications, and electronics. The Panthera Graphite facility, which began operations in late 2024 and made its first shipment earlier this year, is now demonstrating its capacity to meet this demand at scale.

Evion’s Managing Director, David Round, highlighted the strategic importance of this shipment, noting it as a potential gateway to a long-term partnership with US industries. The company is actively negotiating to expand supply agreements not only in the US but also across Europe and Asia, reflecting a global appetite for non-Chinese critical minerals.

Growth Prospects and Broader Company Strategy

Beyond the immediate revenue boost from this order, Evion’s broader strategy includes substantial growth plans for its Indian JV operations. The company also maintains significant projects in Madagascar and Europe, including the Maniry Project in Madagascar, which boasts a high-grade graphite resource with a strong feasibility study underpinning its long-term production potential.

Evion’s vertically integrated approach; from mining to processing and supply; positions it well to capitalize on the accelerating global demand for critical minerals essential to electrification and advanced technologies.