The Assay TV chats with Phil Hoskins, managing director of Evolution Energy Minerals (ASX: EV1), an ASX listed company focused on the exploration of graphite and the advancement of its flagship Chilalo project located in southern Tanzania.
Phil discusses Evolution’s recent DFS update, with a standout capital cost of US$120M and a post-tax NPV of US$338M.
Phil also highlights the company’s recent agreement with the Tanzanian government, he explains that the alignment with the government on the key principles underpinning the development of Chilalo is critically important.
With these agreements now in place and a strong updated DFS, Evolution can now look forward to working with the Tanzanian Government to establish a commercial scale graphite mine.
Website: evolutionenergyminerals.com.au
Primary ticker: ASX:EV1
Stage of development: Exploration, Development, Production
Commodity: Graphite
Project to promote: Chilalo
Project Location: Tanzania
