Evion Group to ink first $2M from sales of expandable graphite to Europe

The Market Herald11-06

Evion Group (ASX:EVG) has confirmed it’s set to receive around A$2M in payments to its India-based JV for ~400 tonnes of expandable graphite. Expandable graphite is first and foremost a flame ...

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some 400tn is slated for production across the next 10 weeks, taking us into early 2025.Evion expects this same buyer to request more product beyond early 2025, and reports another cohort of potential buyers will visit the company’s operations before EOY.As for who is buying it, and to which part of Europe – Germany-based Technogfrafit is snatching up the material, one of the bloc’s “leading graphite trading companies.”Join the discussion: See what HotCopper users are saying about Evion Group and be part of the conversations that move the markets.","collect":0,"end_time":0,"defaultTopTitle":"themarketonline.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK4157":"电子设备和仪器","BK7095":"多种金属与采矿","EVG.AU":"EVION Group NL","BMI":"Badger Meter"},"translate_title":"Evion Group将从向欧洲销售可膨胀石墨中获得首批200万美元","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMI":1,"EVG.AU":1},"content_text":"Evion Group (ASX:EVG) has confirmed it’s set to receive around A$2M in payments to its India-based JV for ~400 tonnes of expandable graphite. \nExpandable graphite is first and foremost a flame retardant product but can also be used in EV batteries (or other types) due to desirable conductivity. \nThe expected $2M in sales revenue comes on the back of sample approvals from the JV’s Indian operations; some 400tn is slated for production across the next 10 weeks, taking us into early 2025.\nOftakers recently visited the Indian manufacturing site with prices over US$3K/tn Free On Board (FOB). \nEvion expects this same buyer to request more product beyond early 2025, and reports another cohort of potential buyers will visit the company’s operations before EOY. \nEvion noted on Wednesday that Benchmark Minerals Intelligence (BMI) expect graphite demand to continue climbing into the 2030’s, despite this the ‘forgotten battery metal’ continues to wait for the day it will have its own lithium-style bull cycle.\nAs for who is buying it, and to which part of Europe – Germany-based Technogfrafit is snatching up the material, one of the bloc’s “leading graphite trading companies.”\n“Expandable graphite is used extensively in the EV, aerospace, energy storage and electronics industries with significant growth in these markets expected in the future,” the company wrote on Wednesday. \nExpectations of growth in these markets in the future suggests that’s not exactly the biggest demand source for the company right now. Technografit, for its part, on-sells products to other end users. \nThere’s also the fact Evion’s JV partner itself was supplied with graphite concentrate by Technografit back in July of this year. \nAt any rate, Evion MD David Round was unsurprisingly bullish on the milestone.\n“After two years of careful planning, construction and testing, we are delighted to have reached the stage of producing and selling our world-class expandable graphite to the European market,” Round said. \nEVG last traded at \nJoin the discussion: See what HotCopper users are saying about Evion Group and be part of the conversations that move the markets.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.29.3","shortVersion":"4.29.3","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2481566329"}