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Evolution Energy highlights transformational deal with top battery anode producer

Evolution Energy highlights transformational deal with top battery anode producer

Evolution Energy Minerals Ltd (ASX:EV1) MD Phil Hoskins speaks with Proactive following the news the company has executed a strategic investment agreement, a binding offtake agreement and an MoU for downstream collaboration with leading battery anode producer, BTR New Material Group Co., Ltd. On completion of these transactions, Evolution will be positioned as a vertically integrated producer of lithium-ion battery anode materials using flake graphite from its Chilalo Graphite Project in Tanzania. As the global leader in the manufacture of lithium-ion battery anode materials, BTR brings commercially proven technology, unparalleled expertise in product qualification, a well-established marketing function and Tier 1 customer base.