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Latest Market News and Media CoverageAustralia challenges China’s graphite crown in EV batteries
Article, published by Nikkei Asian Review, covered EcoGraf’s plant to process graphite a mineral vital to electric vehicle batteries with a purification process that does not use hydrofluoric acid, an expensive and environmentally hazardous material.
Proposed EcoGraf Processing Facility in Lithium Valley, Kwinana Western Australia
EcoGraf (EGR) has received electrochemical results for its preferred feed materials at its Kwinana graphite facility.
The electrochemical testwork was conducted to determine the electrochemical performance of each feed material and understand what would help increase the intelligence and performance of each product.
(Roskill) Australian graphite explorer EcoGraf reported in June that it had signed an agreement to supply graphite products used in making batteries to a unit of German industrial conglomerate Thyssenkrupp.
(Bloomberg) — Supplies of lithium and other minerals used in rechargeable batteries are highly concentrated in just a few countries, leaving the raw materials vulnerable to disruption as a boom in electric cars bolsters demand, according to the United Nations.
EcoGraf features in the Swiss broadcaster SRF’s business and economics program ‘ECO’, which covered WA’s emerging “Lithium Valley” which is reported to become a long-term provider of raw material for the Lithium-ion battery market. The program includes Hon. Mr Bill Johnston, Minister for Mines and Energy, Western Australia discussing the industry and an overview of EcoGraf’s proposed 20,000tpa Kwinana facility to produce battery graphite.
SRF is considered equivalent to the Australian broadcaster ABC and a summary of the EcoGraf coverage is provided below.
A link to the full Eco program can be found in Germany’s Goldinvest Coverage with the Battery materials program starting at minute 18:25 and EcoGraf from minute 23:35.
Australian graphite explorer EcoGraf Ltd said on Thursday it had signed an agreement to supply graphite products used in making batteries to a unit of German industrial conglomerate Thyssenkrupp AG, sending its shares more than 32% higher in early trade.
EcoGraf (EGR) has signed a non-binding sales deal with thyssenkrupp Materials Trading, a subsidiary of major German tech group thyssenkrupp AG. The 10-year agreement will see EcoGraf sell purified spherical graphite (SpG) battery anode material and by-product (fines) from its planned Kwinana facility in Western Australia.
Graphite company EcoGraf (ASX: EGR) has received confirmation that its high purity graphite has been qualified by two “leading” European industrial customers as meeting their strict physical and chemical specifications.
As graphite comprises almost 50 per cent of a typical lithium-ion battery, “the successful trial represents a major step forward to support electric vehicle and battery manufacturers achieve sustainable, closed-loop manufacturing processes”, the company says. The $20m market cap stock moved 18 per cent higher in morning trade.
EcoGraf (EGR) has successfully trialled its graphite purification technology with outstanding results.
ASX-listed EcoGraf has successfully trialed its proprietary graphite purification technology, recycling lithium-ion battery anode material in Germany.
Electric vehicle and lithium-ion battery manufacturers are moving rapidly to establish recycling opportunities.
A Perth-based company is leading the charge with its new solution to support the budding electric vehicle (EV) industry, with the help of a proprietary technology that purifies a key component used in lithium-ion batteries.
Original Article here:
ASX-listed EcoGraf has successfully trialed its proprietary graphite purification technology, recycling lithium-ion battery anode material in Germany.
Subject to completing a detailed assessment of the 20,000 tonne per annum purification plant at Kwinana, Export Finance Australia will consider the provision of debt finance for the US$72 million development.
Export Finance Australia has confirmed that it will consider supplying a loan to EcoGraf (EGR) for its new US$72 million development.
