Latest Graphite Development News

Black Rock Mining has secured an extension to its US$204 million credit facility to November 2026, providing crucial runway to finalise equity funding for its Mahenge Graphite Project. Early works are nearing completion, positioning the project for construction pending full funding and Final Investment Decision.

Evolution Energy Minerals (ASX:EV1) is poised to begin its maiden drilling campaign at the Chikundo Copper Project, while advancing a modular development plan for its Chilalo Graphite Project targeting first production in 2027.

Evolution Energy Minerals (ASX:EV1) is set to start drilling at its Chikundo Copper Project in June 2026 despite assay delays, while progressing the Chilalo Graphite Project towards first production in October 2027 with a modular development plan and clear funding milestones.

Evolution Energy Minerals has completed an extensive soil sampling program at its Chikundo Copper Project in Tanzania, setting the stage for a targeted drilling campaign in 2026.

Sarytogan Graphite Limited has secured a $1.4 million top-up placement from the European Bank for Reconstruction and Development, reinforcing confidence in its graphite project and supporting its feasibility study timeline.

Lithium Energy Limited is progressing exploration and development across multiple battery mineral projects following the sale of its flagship Solaroz Lithium Project, while working to meet ASX reinstatement conditions.

Evion Group has raised $2.3 million through a placement led by US-based Atlas Strategic Assets, aiming to expand graphite production in India and develop new facilities in the US. This move highlights Evion's growing role in critical minerals supply chains for allied industrial and defense sectors.

Black Rock Mining has secured A$10 million through an equity placement to initiate early construction activities at its Mahenge Graphite Project in Tanzania, marking a pivotal step towards full project development.

Sarytogan Graphite Limited has launched an 1,800m drilling campaign at its Baynazar copper project in Kazakhstan, extending promising trench intercepts and securing additional ground. Concurrently, the company progresses funding and feasibility studies for its flagship graphite asset.

Black Rock Mining has locked in A$10 million through a two-tranche placement to institutional and sophisticated investors, with a Share Purchase Plan to follow, aiming to accelerate early construction at its Mahenge Graphite Project.

Lincoln Minerals Limited is gearing up for drilling at its Minbrie copper-base metals project in South Australia, while reporting robust financial metrics for its graphite and high purity iron projects.

Sarytogan Graphite Limited secures a strategic A$3.6 million investment from Kazakh high-net-worth investor Dias Sarsenov, accelerating its Definitive Feasibility Study for a critical graphite project vital to Europe’s raw materials supply.