Everlast Minerals (ASX:EV8) has signed a three-year research agreement with the Bangladesh Atomic Energy Commission (BAEC) to advance mineral sands development in Bangladesh.
The memorandum of understanding (MoU), signed in Dhaka on 8 September, establishes a framework for scientific evaluation and potential processing of mineral sands from the country’s southern coastal and river areas.
BAEC Chairman Dr M Moinul Islam and Delwar Titu, managing director of Everlast’s Bangladesh subsidiary, signed the agreement.
The collaboration covers sample collection and analysis, mineralogy, geochemistry, metallurgy, and mineral separation and processing technology. Everlast will provide access to its hydraulic core drilling rig and vessels, and cover travel expenses for participating field teams.
BAEC is a Bangladesh Government scientific institution responsible for research and development in nuclear science and related technologies. Its activities span mineralogy, geochemistry, materials science, radiation applications, and environmental studies.
Executive Chairman Paul Qian says the agreement builds the scientific and institutional framework needed to evaluate Bangladesh’s mineral sands opportunities.
“BAEC brings national scientific capability, while Everlast can contribute field access, equipment, and operating experience,” Qian says.
The MoU does not constitute a government guarantee or project approval, and does not remove sovereign, permitting, execution, or commercial risks. Any development pathway remains subject to research outcomes, approvals, and commercial assessment.
Everlast Minerals is advancing a portfolio of mineral sands projects in Bangladesh, including its flagship Gaibandha Project and exploration licence applications at Kurigram and Pabna.
Write to JC Villarba at Mining.com.au
Images: Everlast Minerals
