{australien_flagge}EcoGraf Limited’s (ASX: EGR; FRA: FMK) sustainably produced battery anode material outperforms in quality the reference material from existing manufacturers that use highly toxic hydrofluoric acid (HF) to produce battery graphite from natural graphite. This is the result of an extensive product qualification program conducted by Ecograf in conjunction with a major anode manufacturer. The program for the potential customer was to evaluate the performance of the HF-free product that EcoGraf will produce at its new battery anode material facility in Western Australia.
The preparation of the product sample included the completion of an extensive mechanical shaping program using commercial equipment in collaboration with a leading international equipment manufacturer (see ASX Announcement Commercial Scale Program Delivers 20% Product Yield Increase 14 July 2021), followed by RF-free purification through a pilot plant EcoGraf constructed with one of Australia’s leading mineral testing organizations, where the Company conducted its pre-construction purification programs (see ASX Announcement Pre-Construction Locked-Cycle Testwork Completed 27 May 2021).
The EcoGraf product sample not only met the anode manufacturer’s physical and chemical specifications, but also performed better than reference materials in electrochemical half-cell tests. The company is delighted with the results, which are further confirmation of the effectiveness of its environmentally superior EcoGraf™ processing technology in providing anode, battery and electric vehicle manufacturers with high-quality, sustainably produced battery anode material.
Ecograf is in the process of finalizing construction plans for its new, state-of-the-art EcoGraf™ battery anode material plant. The plant will be the first of its kind internationally and will supply products to the rapidly growing battery markets in Asia, Europe and North America.
Disclaimer: GOLDINVEST Consulting GmbH offers editors, agencies and companies the possibility to publish comments, analyses and news on http://www.goldinvest.de. This content exclusively serves the information of the readers and does not represent any kind of call to action, neither explicitly nor implicitly are they to be understood as an assurance of possible price developments. Furthermore, they are in no way a substitute for individual expert investment advice and do not constitute an offer to sell the stock(s) discussed or a solicitation to buy or sell securities. This is expressly not a financial analysis, but explicitly promotional / journalistic texts. Readers who make investment decisions or carry out transactions on the basis of the information provided here do so entirely at their own risk. There is no contractual relationship between the GOLDINVEST Consulting GmbH and its readers or the users of its offers, because our information refers only to the company, but not to the investment decision of the reader. The acquisition of securities involves high risks, which can lead to a total loss of the invested capital. The information published by GOLDINVEST Consulting GmbH and its authors is based on careful research. Nevertheless, any liability for financial losses or the content guarantee for topicality, correctness, adequacy and completeness of the articles offered here is expressly excluded. Please also note our terms of use.
According to §34b WpHG and according to section 48f paragraph 5 BörseG (Austria) we would like to point out that GOLDINVEST Consulting GmbH, partners, authors, principals or employees of GOLDINVEST Consulting GmbH hold shares of FYI Resources and therefore a conflict of interest exists. GOLDINVEST Consulting GmbH also reserves the right to buy or sell shares of the company at any time. Under certain circumstances this can influence the respective share price of the company.
GOLDINVEST Consulting GmbH currently has a remunerated contractual relationship with the companies mentioned in this article, which is distributed to the website of GOLDINVEST Consulting GmbH as well as in social media, on partner sites or in email messages. The above references to existing conflicts of interest apply to all types and forms of publication used by GOLDINVEST Consulting GmbH for publications on FYI Resources and/or EcoGraf. We also cannot exclude that other stock letters, media or research firms discuss the stocks we recommend during the same period. Therefore, symmetrical information and opinion generation may occur during this period. No guarantee can be given for the correctness of the prices mentioned in the publication.