Press Releases

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...