EQS-News: Independent Study Confirms Highly Attractive Mechanical Shaping Opportunity
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星期一, 九月 25, 2023
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EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to provide an update following the completion of its Tanzanian Mechanical Shaping Study to produce unpurified active anode material for the lithium-ion battery market.
Key Points:
- EcoGraf Limited (EcoGraf or the Company) (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to provide an update following the completion of its Tanzanian Mechanical Shaping Study to produce unpurified active anode material for the lithium-ion battery market.
- TANESCO, Tanzania’s Government owned electric utility, has installed capacity of over 1,700 MW with significant baseload provided from green renewable sources.
- Recent Independent Life Cycle Assessment (LCA) confirms a ~20% reduction in CO2 emissions during the shaping process by using Tanzania’s cost-competitive hydro-energy.
- With the establishment of a mechanical shaping hub in Tanzania, EcoGraf can service multiple markets, taking advantage of Tanzania’s strengths as a low cost, green energy jurisdiction.