Evolution Minerals Appoints Auramet to advise on project finance for Chilalo
- Evolution Energy Minerals (EV1) appoints Auramet International to help secure financing for its Chilalo graphite project in Tanzania
- The company will work with Auramet to find the right mix of debt and equity financing for the project
- It has held informal discussions with representatives of Auramet over a few years and has now mapped out key goals to secure project finance
- This includes further offtake agreements, finalising a framework agreement with the Tanzanian government, and completing the updated DFS study
- Shares are trading 4.17 per cent lower today at 46 cents each
