Evolution Energy Minerals Ltd (ASX:EV1) has commenced preparations for development of the Chilalo Graphite Project in Tanzania, with early works underway including the construction of an access road and the pre-clearing of the plant site.
“We are making important steps toward commercialisation of our Chilalo project and are excited to begin these early works, which are essential for the successful execution of our Project in Tanzania,” Evolution chief executive officer George Donne said.
“This marks the start of a new chapter for our company as we advance towards construction.”
Donne was appointed as the company’s new CEO earlier this week. An experienced mining executive, he brings hands-on experience in mergers and acquisitions, corporate financing, investor relations and governance and is tasked with driving Chilalo through financing and into production.
Read more: Evolution Energy Minerals appoints experienced mining executive George Donne as CEO
Looking towards the next stages of development
The commencement of these early works follows the transfer of the land required for the mine and plant to Evolution after all compensation was paid under the resettlement action plan.
Pre-clearing the plant site is a crucial step in preparing the area for subsequent construction phases, laying the groundwork for future development, while the access road will facilitate efficient transportation of materials and personnel to and from the site, ensuring smooth progress as the project progresses.
EV1 expects these early works to be completed before the end of the year, paving the way for the next stages of development.
Positive local impact
“The planned development has been designed to impact positively the local community where we operate and we are proud to have strong local support for the Project and for the opportunities it will create,” Donne said.
The company reiterates that it remains committed to engaging with local communities and stakeholders throughout the life of the project, ensuring activities contribute positively to the region.