Evolution Energy Minerals Ltd (ASX:EV1) is now trading on the Frankfurt Stock Exchange.
The company has undertaken a commercial verification program to evaluate the production of sustainable battery anode materials using proven thermal purification technology and proprietary coating technology using graphite.
Evolution plans to develop battery anode manufacturing in Europe and has held initial discussions with the European Battery Alliance (EBA) to progress this further.
Fast-growing European market
“The EU declared graphite to be a strategic critical mineral in 2017,” said Evolution managing director Phil Hoskins.
“Europe, and Germany in particular, has emerged as one of the fastest growing lithium-ion battery regions in the world as it aims to play a crucial role in the European battery sector.”
To support the company’s listing, Evolution has engaged with highly regarded German investor relations group, Dr Reuter Investor Relations.
The group is tailored to the needs of small cap companies to attract investors from target groups including family offices and high net worth investors.
Gaining momentum
Dr Eva Reuter of Reuter Investors said the opportunities for graphite processing in Europe are gaining momentum.
“This is an ideal time for Evolution to list on the Frankfurt Stock Exchange as we believe it is well placed to benefit from that momentum and the growing interest in graphite and battery metals from European investors.”
Dr Reuter Investor Relations will play an important role in raising European investors’ awareness of Evolution’s focus on producing sustainable graphite and battery products, including its commitments to ESG and developing the world’s first net-zero carbon graphite project.
Written by Duncan Bailey.