Press Releases

Yuma, Arizona, October 25, 2025 – EVelution Energy (“EVelution”) is pleased to announce the appointment of Stan Crow to its Advisory Board. Stan has extensive experience in aerospace and defense, technology, and global business growth in organizations ranging from startups to Fortune 100 companies. Stan served for 29 years in the US Air Force and...

YUMA, AZ, UNITED STATES, April 28, 2025 /EINPresswire.com/ — In a groundbreaking development, EVelution Energy, LLC (“EVelution”), a U.S. critical minerals processing company, has signed a letter of intent with Mitsui & Co., Ltd. (“Mitsui”; Head Office: Tokyo; President and CEO: Kenichi), to supply the Japanese metal trader with substantially...

Yuma, Arizona, April 9, 2025 – Evelution Energy LLC, an Arizona based critical minerals processor ("EVelution") is pleased to announce that it has launched a financing of up to $64.8 million in secured subordinated debt under the EB-5 Immigrant Investor Program, to fund the construction and operation of its groundbreaking solar-powered cobalt...

Yuma, Arizona, December 2, 2024 –   Evelution Energy LLC ("EVelution Energy" or the "Company") is pleased to announce that it has received a non-binding Letter of Interest ("LOI") from the Export-Import Bank of the United States ("EXIM") for a loan of up to $200 million, with tenor of 18 years, to fund the construction and operation of its...

Yuma, Arizona, April 2, 2024 – Glencore, one of the world’s largest global diversified natural resource companies and one of the world’s largest producers of cobalt, and EVelution Energy, a U.S. EV battery materials processing company, have signed a Letter of Intent (LOI) to support the development of EVelution’s cobalt processing facility in the...

LONDON, UK, October 11, 2023 /EINPresswire.com/ -- EVelution Energy, a U.S. electric vehicle battery materials processing company, signed a preliminary five-year supply agreement with Eurasian Resources Group (ERG), a leading diversified natural resources group headquartered in Luxembourg, for the supply of cobalt hydroxide that...

Phoenix, Sept. 14, 2023 –  EVelution Energy, an Arizona-based electric vehicle (EV) battery materials processing company, was recognized by the Arizona Commerce Authority (ACA) on Wednesday for its contribution to the state’s economy at a board of directors meeting attended by Gov. Katie Hobbs. EVelution is updating the design of its planned...

Yuma, Arizona, August 8, 2023 –  EVelution Energy, a U.S. electric vehicle (EV) battery materials processing company, is pleased to announce that it has engaged Mizuho, a leading global investment banking and securities firm, as its financial adviser. Under the terms of the engagement, Mizuho will provide financial and strategic advisory services...

The first solar-powered cobalt production facility in the U.S. will create 360 jobs over the life of the project. YUMA COUNTY, AZ (March 29, 2023) – EVelution Energy, a U.S. electric vehicle (EV) battery materials processing company, announced plans to build a solar-powered carbon neutral cobalt sulfate production facility in Yuma County,...

Yuma, Arizona, March 6, 2023 – EVelution Energy, a U.S. Electric Vehicle (EV) battery materials processing company, has received the unanimous approval of the Yuma County Board of Supervisors for the development of a solar-powered cobalt sulfate production facility in Yuma County, Arizona, the first of its kind in the United States. Evelution...

Singapore, 24 October 2022 – Trafigura, one of the world’s largest physical commodity traders, and EVelution Energy, a U.S. EV battery materials processing company, have signed a Memorandum of Understanding (MOU) to support the development of a battery-grade cobalt sulphate processing facility in the State of Arizona, USA. With an expected annual...