EcoGraf in the Media
(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.
Founded on a commitment to innovation and sustainability, EcoGraf Limited (ASX: EGR) is building a vertically integrated business to produce high purity graphite for the lithium-ion battery market.
The proposed EcoGraf processing facility in Kwinana will produce high purity battery graphite, suitable for use in lithium-ion batteries. The video demonstrates how EcoGraf has the potential to be an integral part of the Western Australian Future Battery Industry Strategy and meet the growing demand for ethical renewable energy storage.
Kibaran Resources (ASX: KNL) plans to rename itself “EcoGraph Limited” after its wholly-owned subsidiary EcoGraph at the upcoming Annual General Meeting on November 29. The name change was intended to send the signal to investors and to future customers that the company wants to stand for the responsible and environmentally friendly production of battery-graphite products, a letter from the board said. The new name should stand for a better visibility of the brand name and highlight the special USPs at first glance.
Managing Director Andrew Spinks recalled that over the past six years, the company has invested $ 25 million to develop two upstream and downstream business models of graphite, first the Epanko mining project in Tanzania and then the EcoGraph cleaning technology. Meanwhile, they have applied for the environmentally friendly cleaning of natural graphite by the EcoGraph technology a corresponding patent. EcoGraph dispenses with the use of hydrofluoric acid when cleaning natural graphite, which is considered to be particularly dangerous. Currently, 100 percent of the natural graphite used in batteries in China is purified by the use of highly toxic hydrofluoric acid. The market volume is estimated to be more than 100,000 tonnes of purified natural graphite per year.
