Australia's Evion Group jumps as commissioning starts at India graphite facility

Evion NL

25/01/2024 02:47

** Shares of Evion  EVG.AX  rise as much as 20.1% to
A$0.029, posting their biggest intraday gain since Oct 27, 2023
    ** The graphite developer says commissioning has begun at
its JV Expandable Graphite Facility in India
    ** Adds production is scheduled to start over the next month
    ** About 1.4 mln shares change hands, compared with the
30-day average volume of 253,407
    ** Stock fell 52.1% last year


 (Reporting by Aaditya Govind Rao in Bengaluru)
 ((Aaditya.govindrao@thomsonreuters.com;))