EcoGraf in the Media
EcoGraf (EGR) has commenced an assessment of expansion options for its 100 per cent owned TanzGraphite flake graphite business. The company said the review is in response to growing demand for new high quality graphite supplies and an increasingly positive investment environment in Tanzania. Key priorities include identifying the preferred expansion pathway for the Epanko graphite project and supporting government plans for development of the Merelani-Arusha Graphite Province through the Merelani-Arusha graphite project.
From the outside, it may seem very quiet around the Australian graphite company EcoGraf ( WKN A2PW0M / ASX EGR ) , but in the background the company management around Managing Director Andrew Spinks is pushing ahead with the development of the EcoGraf Battery Anode Material (BAM) plant at full speed.
Andrew Spinks is the CEO of a company called EcoGraf. ASX: EGR is the code, and what they are about is graphite. They’ve got some nickel, or at least what they call nickel data, which is some tenements in Tanzania nickel, they’re demerging that, they’re piping that off so that they focus the company on graphite.
EcoGraf Limited ( ASX: EGR, FRA: FMK ) is working flat out to finalize the studies and documentation required to submit a formal building permit for the proposed battery anode facility in Kwinana, Australia.