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Evolution Energy confirms Chilalo as standout development-ready graphite project

--News Direct--

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.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

jonathan@proactiveinvestors.com

Company Website

https://www.proactiveinvestors.com.au/

View source version on newsdirect.com: https://newsdirect.com/news/evolution-energy-confirms-chilalo-as-standout-development-ready-graphite-project-429797749

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