Evolution Mining: Secures long-term power contract for Cowal

Evolution Mining Secures long-term power contract for Cowal

  • Evolution Mining (EVN) secures a power supply agreement for its Cowal gold operation in New South Wales
  • Fellow ASX lister AGL Energy (AGL) will supply power, including renewable energy for an eight-year period
  • EVN Executive Chair Jake Klein says this is an important milestone and is pleased to have secured a competitively priced contract in a challenging energy market
  • The company is focused on seeking ways to reduce emissions in order to deliver on its Net Zero commitments by 2050
  • The company shares are up 5.47 per cent to trade at $2.12 at 3:06 pm AEDT
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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