Evolution Energy Minerals Limited
AASX:EV10.01
AUD
+0.00
(-11.11%)
ISIN
AU0000180200
Return %
Stock
S&P 500
1Y
-37.66
14.20
3Y
-92.94
81.12
5Y
- -
68.34
Capital Structure
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in mil. unless spec.Growth Rates
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in mil. unless spec.Semi-annual Revenue
AUD
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in mil. unless spec.Semi-annual Earnings Per Share
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AUD
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in mil. unless spec.Company Description
- CEO
- Craig Moulton
- Full Time Employees
- 5
- Sector
- Non-energy minerals
- Industry
- Precious metals
- Address
- 140 St Georges Terrace West Perth WA Australia 6000
- IPO Date
- Nov 16, 2021
- Similar Companies
- Business
- Evolution Energy Minerals Limited (ASX:EV1) is a mineral exploration and development company focused on graphite projects for the global green economy. The company holds interests in the Chilalo Graphite Project in southern Tanzania, featuring high-grade mineralized zones including Chilalo East and Chilalo E2; it produces fine flake graphite concentrate with a globally significant flake size distribution (58% +80 mesh, 36% -100 mesh, 27% +50 mesh, 10% +32 mesh, 6% +100 mesh at 95-97% TGC), suitable for expandable graphite precursors, micronised graphite, coated spherical graphite for lithium-ion battery anodes, foils, fire retardants, drilling fluids and engineered products; downstream processing targets high-value coated spherical graphite, expandable graphite and battery anode materials via strategic toll-treating and vertical integration. Operations center on the Chilalo Project's mineral resource of 67.3Mt at 5.4% TGC (3,667kt contained graphite, including 20.1Mt high-grade at 9.9% TGC for 1,991kt) and ore reserve of 8.0Mt at 10.5% TGC (836kt contained graphite), supporting a 17-year mine life, 52ktpa graphite concentrate production (500ktpa plant feed at 10.6% head grade), with DFS outcomes indicating US$338M post-tax NPV8%, 32% IRR, 3.3-year payback and US$841/t operating margin. Founded in 2021 and headquartered in West Perth, Australia, the company targets battery, industrial and green energy markets primarily ex-China, with exploration upside across 33km of high-conductance targets and potential copper-lead-zinc at the Chikundo project. Recent developments include binding offtake agreements with YXGC (world's leading expandable graphite processor) and BTR New Material Group (global leader in battery anode materials, 26% market share), an MOU with BTR for North American downstream processing collaboration using Chilalo fines, a strategic investment by Metals One Plc acquiring a 10.45% stake in September 2025 with partial underwriting of a rights issue, and new high-grade discoveries at Chilalo East (1.6km strike) and E2 (1.1km strike) in early 2023 enhancing resource growth potential.