DGAP-News: EcoGraf Limited: SungEel HiTech LiB Recycling Update
EcoGraf Limited (EcoGraf or the Company) (ASX: EGR) is pleased to announce an update on progress with SungEel HiTech Co. Ltd ('SungEel') to evaluate the EcoGrafTM proprietary purification process to recover and re-use high-purity battery carbon anode material from production scrap and 'black mass' from lithium-ion battery materials produced at their South Korean plant.
- EcoGraf Limited (EcoGraf or the Company) (ASX: EGR) is pleased to announce an update on progress with SungEel HiTech Co. Ltd ('SungEel') to evaluate the EcoGrafTM proprietary purification process to recover and re-use high-purity battery carbon anode material from production scrap and 'black mass' from lithium-ion battery materials produced at their South Korean plant.
- Based on the positive progress, SungEel has agreed to collaborate with Ecograf on battery recycling and to include a tailored EcoGraf(TM) recycling process to recover the carbon anode materials in their proposed new recycling plants in Europe and South Korea.
- This is very positive for both SungEel and EcoGraf recycling developments.
- EcoGraf is pleased to support SungEel with recovery carbon anode materials and contribute to closing the loop on battery recycling.