Evion Launches First Expandable Graphite Shipment from India to Europe

Evion

Australian Miner Targets 10,000 t/yr Capacity Amid Soaring EU Demand

Evion, an Australian graphite producer, has completed its first expandable graphite shipment from its joint venture (JV) facility in Pune, India. The 80-tonne cargo, delivered to European offtake partner Technografit, marks a key milestone in Evion’s plan to scale production and tap into Europe’s growing demand.

First Shipment Generates A$400,000 in Revenue

Evion’s JV, Panthera Graphite Technologies — formed with India-based Metchem Manufacturing — began production in November 2024. The JV has now shipped 80t of product, earning A$400,000, and will soon ship the remaining 306t of its first 386t sales order. The Pune facility continues to ramp up, with 500t of graphite concentrate already on site for processing in Q2 and Q3.

The company forecasts monthly shipments of 150t and monthly revenue of around A$750,000 as processing efficiencies improve.

Higher-Spec Product Orders Fetch $4,500+/t

Initial pricing averaged $3,000–3,300/t (FOB), but Panthera has received orders for higher-specification graphite priced above $4,500/t. This comes amid a global shortage of expandable graphite, a material critical to electric vehicles, batteries, aerospace, and electronics.

Evion plans to double capacity to 4,000–4,500 t/yr by year-end through its Stage 2 expansion. Stage 3 could lift capacity to 10,000 t/yr by 2026/27.