Independent life cycle assessment demonstrates Chilalo’s low carbon footprint

Evolution Energy Minerals (“Evolution” or the “Company”) (ASX: EV1, FSE: P77) is pleased to report the Company’s first Life Cycle Assessment (“LCA”) for flake graphite produced from the Chilalo Graphite Project in Tanzania.

LCA is a method to assess the environmental impacts associated with all stages of a product, process or activity.¹ Importantly, LCA makes it possible to evaluate indirect impacts that occur in the development of a product or process system over its entire life cycle, providing information that otherwise may not be considered.

The cradle-to-gate LCA for Chilalo assesses the life cycle impact of the production of 1 kg of flake graphite concentrate (95-97% C) produced from natural flake graphite ore extracted at the Chilalo project in south-east Tanzania. The total production chain includes mining, processing and transportation stages.

The LCA was based on the 2020 Definitive Feasibility Study (“2020 DFS”) and therefore does not incorporate the carbon footprint reductions that will result from the decision to introduce renewable power in the upcoming DFS.

Phil Hoskins, Managing Director of Evolution Energy Minerals, commented: “Evolution’s vision is to only supply sustainably sourced graphite products and battery materials. Completion of Minviro’s initial LCA is the first stepping stone in our aspirations to develop Chilalo as a net zero carbon graphite mine.

“We now understand our highest carbon footprint scenario based on the 2020 DFS, which had assumed diesel power generation. Reducing our carbon footprint has been front of mind during the optimisation of our DFS and we expect the introduction of renewables along with other operational efficiencies to deliver an industryleading result when we update the LCA.”

¹Finkbeiner, M., Tan, R. & Reginald, M. Life cycle assessment (ISO 14040/44) as basis for environmental declarations and carbon footprint of products. in ISO Technical Committee 207 Workshop, Norway (2011).

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