- Appointment strengthens positioning within critical minerals initiatives
- Adviser is one of Australia’s most influential diplomatic and policy figures
- Deeply entrenched within global critical minerals ecosystem
- Strategic advisor to US-based critical minerals investment group Cove Capital
Evion Group (ASX: EVG) has made a major move to advance its critical minerals plans with the naming of former Australian ambassador to the US, Arthur Sinodinos, as strategic advisor.
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The appointment is aimed at supporting the company’s accelerating US critical minerals strategy and broader North American expansion initiatives and follows Evion’s acquisition of the high-grade CARP fluorspar project in Nevada.
Mr Sinodinos served as Australia’s ambassador to the US from 2020 to 2023, alongside multiple senior cabinet-level positions within the Australian Government, including minister for Industry, Innovation and Science, assistant treasurer and cabinet secretary.
Most notably, he also serves as strategic advisor to US-based critical minerals investment group Cove Capital, whose affiliated entities are advancing globally significant tungsten development projects aligned with accelerating US strategic mineral and domestic supply chain initiatives.
Evion MD, David Round, said Mr Sinodinos brings extensive diplomatic, government and strategic engagement experience across both Australia and the US, at a time when allied governments are moving decisively to secure Western-aligned critical minerals supply chains, including through the recently announced Quad Critical Minerals Initiative Framework.
“Evion is increasingly differentiated as a vertically integrated critical minerals company spanning both mining and downstream processing,” he said.
“Alongside the high-grade CARP fluorspar project in Nevada, we hold the EU-recognised Maniry graphite project in Madagascar and our Panthera graphite processing joint venture in India, which is already shipping product into the United States and Europe.
“This gives Evion a footprint across three of the four Quad nations. Arthur’s relationships and policy expertise are expected to materially enhance our ability to advance this integrated strategy across the United States and allied markets.”
The move comes as major US and allied government critical minerals initiatives continue accelerating, including proposed US strategic mineral stockpiling programs and Australia’s $1.2 billion Critical Minerals Strategic Reserve.
“Critical minerals are becoming increasingly important to economic security, advanced manufacturing and defence-related supply chains across the United States and allied jurisdictions,” Mr Sinodinos said.
“Governments are placing greater focus on securing resilient, Western-aligned supply chains for strategically important industrial minerals, reflected in initiatives such as the recently announced Quad Critical Minerals Initiative Framework between the United States, Japan, Australia and India.”
EVG is down 2.04% to 4.8¢. Mkt cap $28.58M.
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