Everlast Minerals Ships Second Zircon Export to China
Key Takeaways
- Everlast Minerals has completed its second export from the 100%-owned Gaibandha Project, shipping approximately 18 tonnes of zircon concentrate to China with confirmed port arrival.
- The second shipment comprises zircon concentrate specifically — a higher-value product than the broader mineral sands concentrate of the maiden 109-tonne export in June 2026, signalling advancing processing capability.
- The Secretary of Bangladesh's Ministry of Science and Technology visited and inspected Gaibandha operations, providing direct senior government stakeholder validation of the project.
- New mineral sands processing equipment is currently being installed and commissioned at Gaibandha, with a shareholder update promised once complete.
- Everlast is progressing three concurrent workstreams — repeatable export logistics, government engagement, and processing upgrades — as it builds toward progressively larger and more consistent export volumes.
Everlast completes second zircon concentrate export to China
Everlast Minerals (ASX: EV8) has completed its second mineral sands export from its 100%-owned Gaibandha Mineral Sands Project in Bangladesh, with approximately 18 tonnes of zircon concentrate shipped to China. The shipment has now arrived at port in China, confirming end-to-end delivery rather than just dispatch.
This follows the company’s maiden export of approximately 109 tonnes of mineral sands concentrate announced on 23 June 2026. Where the first shipment proved the pathway existed, this second export demonstrates it can be repeated.
The maiden export from Gaibandha, approximately 109 tonnes of mineral sands concentrate shipped in June 2026, established the end-to-end logistics pathway that this second shipment now confirms can be repeated.
Critically, this shipment comprises zircon concentrate specifically, a higher-value product than the broader mineral sands concentrate of the maiden export. That distinction matters: it signals Everlast is advancing its processing capabilities and moving toward a more valuable product mix at Gaibandha.
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What zircon concentrate is and why it matters for investors
Zircon is a high-value mineral sands product derived from heavy mineral deposits. It commands a premium over standard mineral sands concentrate because of its use across several high-demand industrial applications. For investors, the shift toward zircon output from a project that is still in its early export phase is a meaningful signal of processing capability.
Key points on zircon’s commercial relevance:
- Higher-value product mix improves project economics over time, even at small initial volumes
The company has now validated the full operating pathway encompassing mining, processing, product preparation, domestic transport, and international export on two separate occasions.
The Bangladesh power connection at Gaibandha was a key infrastructure milestone that underpins the mining and processing operations now producing exportable zircon concentrate.
Senior Bangladesh Government visit signals official recognition
The company recently hosted Mr Anowar Hossain, Secretary of the Ministry of Science and Technology of Bangladesh, at the Gaibandha Project. During the visit, Mr Hossain inspected Everlast’s mining operations and observed development activities underway at the project.
The company noted it was encouraged by the Secretary’s support for the development of Bangladesh’s mineral sands industry and the Government’s willingness to support its continued advancement. This is government engagement, not a formal approval or agreement, but direct inspection by a senior official carries weight as stakeholder validation.
Executive Chairman Paul Qian commented on the visit:
Paul Qian, Executive Chairman
“We were also honoured to welcome Mr Anowar Hossain to the Project. The opportunity to demonstrate our operations directly to a senior representative of the Bangladesh Government was very positive, and we are encouraged by the support for the development of the country’s mineral sands industry.”
Building toward larger-scale production — what’s next for Gaibandha
Everlast is progressing three concurrent workstreams at Gaibandha:
- Repeatable export pathway — now validated by two separate shipments into the Chinese market
- Government engagement and stakeholder relationships — deepened by the Ministry visit recently
- New mineral sands processing equipment — installation and commissioning currently in progress, with a shareholder update promised once complete
Paul Qian, Executive Chairman
“With an established export pathway, growing Government engagement and further operational improvements underway, Everlast is continuing to build the foundations required to progressively scale Gaibandha…”
For investors, each shipment builds operational and logistics capability. Volumes remain small at this stage, and the company is explicit that the goal is progressively larger and more consistent exports. This is a development-stage company executing incrementally, and the milestone sequence reflects that.
The table below summarises key project milestones to date:
| Milestone | Detail |
|---|---|
| Maiden export | ~109 tonnes mineral sands concentrate — June 2026 |
| Second export | ~18 tonnes zircon concentrate — September 2026 |
| Government visit | Ministry of Science and Technology Secretary — Recent |
| Next update | New processing equipment commissioning — timing TBC |
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About Everlast Minerals
Everlast Minerals Ltd (ASX: EV8) is focused on advancing a portfolio of mineral sands projects in Bangladesh. The company’s flagship Gaibandha Project, alongside its Kurigram and Pabna exploration licence applications, provides the foundation for exploration, delineation, and development of economic mineral sands deposits. Everlast is committed to responsible development with the aim of creating long-term value for shareholders and stakeholders.
Ready to Learn More About the Gaibandha Mineral Sands Project?
Everlast Minerals (ASX: EV8) has now completed two separate zircon concentrate exports from its 100%-owned Gaibandha Project in Bangladesh, with the latest shipment confirming a repeatable end-to-end logistics pathway into the Chinese market. The shift toward higher-value zircon concentrate, combined with senior Bangladesh Government engagement and new processing equipment in commissioning, signals a company building operational foundations for progressive scale.
To track Everlast’s milestone sequence and assess the project’s investment potential, explore the full Everlast Minerals company profile on Discovery Alert for deeper coverage of EV8’s development progress.