Evolution Energy confirms Chilalo as standout development-ready graphite project
News release
by
Evolution Energy Minerals Ltd
Melbourne, Victoria
|
March 21, 2023 12:00 PM Eastern Daylight Time
Evolution Energy Minerals Ltd (ASX:EV1) MD Phil Hoskins talks Proactive through the results of the FEED process and updated DFS for the company’s Chilalo Graphite Project in Tanzania. These reveal that Chilalo has what it takes to bring sustainably-sourced graphite to a rapidly evolving, battery-centric market over a 17-year mine life. The project’s robust economics headline the updated DFS, with a post-tax net present value of US$338 million and a 32% post-tax internal rate of return.
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Proactive Investors
Jonathan Jackson
+61 413 713 744
jonathan@proactiveinvestors.com
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