Evolution Energy Minerals Ltd (ASX:EV1) now trades on the Frankfurt Stock Exchange.
The company has undertaken a commercial verification program to assess the production of durable battery anode materials using proven thermal purification technology and proprietary coating technology using graphite.
Evolution plans to expand battery anode manufacturing in Europe and has had initial discussions with the European Battery Alliance (EBA) to take this further.
Strong growth in the European market
“The EU declared graphite a critical strategic mineral in 2017,” said Evolution chief executive Phil Hoskins.
“Europe, and Germany in particular, has become one of the fastest growing lithium-ion battery regions in the world, as it aims to play a crucial role in the European battery industry.”
To support the company’s listing, Evolution has engaged with a highly reputable 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.
Dr Eva Reuter of Reuter Investors said graphite processing opportunities in Europe are growing.
“It is the perfect time for Evolution to list on the Frankfurt Stock Exchange, as we believe it is well placed to benefit from this momentum and the growing interest of European investors in graphite and battery metals. .”
Dr Reuter Investor Relations will play an important role in educating European investors about Evolution’s focus on sustainable graphite and battery production, including its commitments to ESG and the development of the world’s first zero-grade graphite project net carbon.
Written by Duncan Bailey.