{australien_flagge}Now it’s really official: Australian battery graphite company EcoGraf (ASX EGR / WKN A2PW0M) has received a patent from the U.S. Patent and Trademark Office for its “Process for the Production of Purified Graphite”! This, EcoGraf says, is an important milestone on the road to commercialization of the hydrofluoric acid-free technology. The process is now protected in the USA until 2041.
{australien_flagge}Now it’s really official: Australian battery graphite company EcoGraf (ASX EGR / WKN A2PW0M) has received a patent from the U.S. Patent and Trademark Office for its “Process for the Production of Purified Graphite”! This, EcoGraf says, is an important milestone on the road to commercialization of the hydrofluoric acid-free technology. The process is now protected in the USA until 2041.
EcoGraf’s technology refines flake graphite into 99.95% C high-performance battery anode material targeted at electric vehicle battery and anode manufacturers in Asia, Europe and North America.
EcoGraf had developed the technology in Australia in 2017 and has since refined it through extensive testing and analysis in markets around the world. They have filed patent applications for the technology, which unlike the prevailing process in China does not require hydrofluoric acid, under the Patent Convention Treaty (PCT) not only in the U.S. but also in other major centres of battery production. These include Europe, Korea, Malaysia, Vietnam, East and South Africa and, of course, Australia, according to the company.
The US patent alone has already great strategic value for EcoGraf. It comprehensively protects the company’s processing technology, since all products manufactured – even outside the United States – using a process patented in the USA are an infringement if imported into the USA.
Talks underway with battery and automotive manufacturers
Currently, EcoGraf says it is already in talks with lithium-ion battery producers and electric vehicle manufacturers. In addition, it is talking to other participants in the battery supply chains and is complying with the U.S. Treasury Department’s IRA (Inflation Reduction Act) and clean vehicle credit criteria.
EcoGraf considers its graphite cleaning technology an alternative for battery anode material (BAM) manufacturers for lithium-ion batteries and clarifies that the U.S. patent also protects the use of EcoGraf’s technology in battery anode recycling. This is an important point, as recycling of used lithium-ion batteries is now seen as an increasingly important part of the transition to clean energy. And requirements in Europe and the U.S. in this regard, the company says, are increasing.
Disclaimer: The contents of www.goldinvest.de and all other used information platforms of the GOLDINVEST Consulting GmbH serve exclusively the information of the readers and do not represent any kind of call to action. Neither explicitly nor implicitly they are to be understood as an assurance of possible price developments. Furthermore, they do not in any way replace individual expert investment advice, but rather represent advertising / 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. The acquisition of securities involves high risks, which can lead to the total loss of the invested capital. The GOLDINVEST Consulting GmbH and its authors exclude any liability for financial losses or the contentwise warranty for topicality, correctness, adequacy and completeness of the articles offered here expressly. Please also note our terms of use.
According to §34 WpHG we would like to point out that partners, authors and/or employees of GOLDINVEST Consulting GmbH may hold or hold shares of the mentioned companies and therefore a conflict of interest may exist. Furthermore, we cannot exclude that other stock exchange letters, media or research firms discuss the stocks we discuss during the same period. Therefore, symmetrical information and opinion generation may occur during this period. Furthermore, between the mentioned companies and GOLDINVEST Consulting GmbH directly or indirectly a consulting or other service contract may exist, which may also cause a conflict of interest.
