EcoGraf in the Media
In Australia, EcoGraf (ASX:EGR) signed a $US98m $137.2m agreement with the WA government to build the first spherical graphite processing facility outside China, with construction set to begin in mid-2021.
As evidence you need look no further than Tesla (NDQ:TSLA), its rise to stock market success and how almost every other car manufacturer is racing to keep up.
Electric vehicle companies evade the ASX for now and there are only two pure-play battery tech firms in Lithium Australia (ASX:LIT) and EcoGraf (ASX:EGR) which haven’t seen Tesla-like growth yet.
A proposed U$60 million Epanko Graphite Mine in Ulanga District of Morogoro Region will operate under strict global environmental standards christened, ‘Equator Principles.’