Evolution Energy announces FEED contract award for Chilalo Graphite Project

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Evolution Energy has awarded engineering firm CPC the FEED contract for the processing plant and associated non-processing infrastructure for the Chilalo graphite project located in southeast Tanzania,

Evolution said the scope of the FEED includes the evaluation of opportunities to improve plant design and, optimise and update estimated capital expenditure.

Evolution Executive Director, Michael Bourguignon, said CPC was selected from a panel of engineering firms on the basis of their expertise and experience in graphite processing and successful commissioning of projects, most notably, Syrah Resources Limited’s Balama Graphite Project in Mozambique.

“We are pleased to be partnering with CPC, a firm I have previously executed projects with,” Mr Bourguignon said.

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“I worked closely with CPC in the development of Syrah’s Balama Graphite Project and believe that, combined with my own experiences, their considerable insight and learnings will be invaluable to the development of our Chilalo Project.

“We remain firmly focused on bringing Chilalo into production. With a binding offtake agreement for our high-value coarse flake graphite in place and continued engagement with potential financiers, we continue to target a final investment decision towards the end of this year.

“The appointment of CPC and commencement of the FEED is central to delivering on that objective.”

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