Graphite developer Evion Group is in the commissioning stage of its new expandable graphite facility in Pune, India, operated through the 50/50 joint venture, Panthera Graphite Technologies, with Metachem Manufacturing.

With a total investment exceeding US$4 million ($61. million), Panthera Graphite Technologies aims to become a leading supplier in the global expandable graphite market.

Production will begin in February, addressing a projected global shortage caused by China's 2023 export ban on graphite materials.

The commissioning process brings Evion closer to being the first ASX-listed expandable graphite company.