EcoGraf Advances Epanko Mine and Secures Strategic Battery Anode Partnerships
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EcoGraf has made significant advancements at its Epanko Graphite Mine in Tanzania, completing a bankable feasibility study that increased plant throughput to 73,000 tonnes per year and projected a pre-tax NPV of US$516 million with a 31.1% IRR. The company has secured partnerships for battery anode materials, including a non-binding offtake agreement with Mitsubishi Chemical and collaborations in Southeast Asia. EcoGraf is also exploring recycling trials with EV manufacturers and ended the quarter with A$6.2 million in cash, positioning itself in the growing EV market amid tightening graphite export controls from China.
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