25 / January 2021

The Market Herald: EcoGraf one step closer to developing WA battery graphite facility

  • EcoGraf (EGR) has had a positive start to the year as it progresses its WA battery graphite facility to development
  • During the recent quarter, the company submitted detailed development reports and engineering study information to Export Finance Australia
  • EcoGraf will now finalise arrangements for the detailed engineering design and procurement programs in preparation for the construction
  • Notably, the new battery graphite facility will be the company’s first facility and the first established outside of China
  • On the market this morning, EcoGraf is up 7.69 per cent and trading at 42 cents per share