Australia's Evion rises on graphite supply deal with US firm

Evion NL

25/06/2025 03:42

** Evion Group stock EVG.AX rises 13.3% to A$0.071

** Posts its biggest intraday pct gain since June 5 and hits highest level since June 16

        ** Graphite developer secures deal to ship 80 metric tonnes of expandable graphite to a new partner in the United States

** The company did not identify the partner firm

** Around 1.76 mln shares change hands, which is more than 3x 30-day average volume

** Session trims YTD losses to 37.04%

 (Reporting by Shruti Agarwal in Bengaluru)

 ((Shruti.Agarwal@thomsonreuters.com))