Evion Group NL (ASX:EVG) Secures Community Support and Advances Maniry Graphite Mine
Community Agreements
Evion Group NL has concluded community engagement with over 100 families in the Maniry region, formalizing agreements that support the development of the Maniry Graphite Mine. These agreements are part of the Company’s Community Development Plan, facilitating the commencement of construction.
Environmental Approvals
The Company is preparing to submit its Community Development Plan and Environmental Plan to Madagascar’s environmental authority (ONE) to advance project approvals. An agreement with ONE on the final approval pathway has been reached, with site visits scheduled within 60 days.
Permit Renewals
Evion’s team is engaged with Madagascar’s Ministry of Mines to renew exploration permits, which will be converted to full exploitation licences, advancing the Maniry Project towards development.
Short Term Actions
Key milestones include endorsement of the Environmental and Community Development Plans, conversion of permits to licences, agreement execution with the Malagasy government, engagement with the European Union, and advancing funding discussions.
Executive Comments
David Round, Managing Director, commented, “Securing formal agreements with over 100 local families in the Maniry region marks a pivotal step toward advancing the Maniry Graphite Mine. This level of community support reflects the strong, longstanding relationships Evion has built and underpins our pathway to development. As part of this partnership, we are committed to delivering tangible benefits, including employment for 400–500 local people, improved health care and education, and enhanced local infrastructure. With community agreements in place and the regulatory pathway defined, we now expect formal endorsement of our Community Development Plan and Environmental Plan by Madagascar’s environmental authority (ONE) in the near term. These approvals will enable us to move decisively toward mine development, aligning with both local aspirations and broader supply chain demands. We have kept Government officials fully updated with developments and we expect to achieve formal approval from ONE in the short term for our detailed Community Development and Environmental Plans”.
Motley Fool contributor Abbie Stokes has no position in any of the stocks mentioned. The Motley Fool Australia's parent company Motley Fool Holdings Inc. has no position in any of the stocks mentioned. The Motley Fool Australia has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. This article contains general investment advice only (under AFSL 400691). Authorised by Scott Phillips.
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