Evion Group progresses Maniry Graphite Project with new Madagascan mining code and EU support

Proactive - Interviews for investors

Evion Group NL (ASX:EVG, OTC:EVIGF) managing director David Round joins Proactive’s Tylah Tully to discuss its strategy to obtain mining permits for the Maniry Graphite Project in Madagascar and plans to secure European Union funding under the Critical Raw Materials Act. Madagascar's new mining code, adopted in late 2023, facilitates the granting of development and production licences for graphite projects. The Madagascan Ministry of Mines has instructed the Bureau du Cadastre Minier (BCMM) to start issuing or upgrading permits for mining operations. The company has been invited to apply for EU project development funding, recognising graphite as essential for the energy transition. Round said Madagascar's new mining code and recent government actions, supported by the World Bank, are positive steps for unlocking the country's critical mineral resources. Evion is working to secure the necessary permits and has noted strong local support for the Maniry project. The government began issuing mining permits on August 1, 2023, aided by World Bank investment. Several senior Madagascan government officials will visit Perth in September 2023 to attend the Africa Down Under Conference and participate in meetings concerning the growing importance of graphite. #ProactiveInvestors #EvionGroup #ASX #MadagascarMining, #GraphiteProject, #ManiryGraphite, #CriticalMinerals, #EUFunding, #MiningPermits, #EnergyTransition, #MadagascanGovernment, #WorldBankSupport, #CriticalRawMaterialsAct, #MiningCode2023, #AfricaDownUnder, #PerthConference, #LocalSupport, #GraphiteSupply, #MiningIndustry, #ResourceDevelopment, #SustainableMining, #EconomicGrowth#invest #investing #investment #investor #stockmarket #stocks #stock #stockmarketnews