Total
0
Shares
EcoGraf (ASX:EGR) - Managing Director, Andrew Spinks - The Market Herald
Managing Director, Andrew Spinks
Source: The Market Herald
Market Herald logo

Subscribe

Be the first with the news that moves the market
  • EcoGraf's (EGR) receives encouraging results from a recently completed mechanical shaping program
  • The program aimed to finalise engineering design works for EcoGraf's new battery anode material facility in Western Australia
  • The program showed that by improving the plant's design, product yield can be in excess of 60 per cent, higher than the previously reported 50 per cent
  • EcoGraf will include the data into the engineering design works and final equipment selection before procuring and constructing the new facility
  • Company shares are trading 4.00 per cent up at 65 cents at 10:40 am AEST

EcoGraf (EGR) has received results from an international mechanical shaping program.

This work was conducted with an unnamed industry-leading equipment manufacturer using a commercial scale plant.

The program aimed to finalise the engineering design works for EcoGraf's new Australian battery anode material facility and ensure it has maximum flexibility to produce a range of products for customers.

Producing battery anode materials (BAM) involves the purification of flake graphite feedstock and mechanical shaping.

Mechanical shaping capabilities are crucial to achieve customers' specifications for product sizing, particle size distribution and tap density. Essentially, the higher the yield, the higher production efficiencies and profitability.

Positively for the company, the program showed that by improving the design of the mechanical shaping plant, EGR can achieve an overall product yield of more than 60 per cent. This compares favourably to previously reported yields of 50 per cent.

It also confirms the facility may produce three core product ranges to maximise the overall yield.

These include 15-16µm battery anode material (SpG 16), fines bi-products for use in industrial and alkaline battery applications, and ultrafine BAM for a high performance battery product, called "Super BAM" which typically attracts a pricing premium of 20 to 25 per cent.

EcoGraf will incorporate the data into the engineering design works and final equipment selection before procuring and constructing the new BAM facility in Western Australia.

Company shares were trading up 4.00 per cent at 65 cents at 10:40 am AEST.

EGR by the numbers
More From The Market Herald
Avira Resources (ASX:AVW) to raise $1.3m for exploration at WA projects

" Avira Resources (ASX:AVW) to raise $1.3m for exploration at WA projects

Avira Resources (AVW) is set to raise $1.3 million to progress exploration in Western Australia, following commitments by investors for a share placement.
Greenland Minerals (ASX:GGG) - Managing Director, John Mair - The Market Herald

" Greenland Minerals (ASX:GGG) prepares white paper following public consultation

Greenland Minerals (GGG) has completed a public consultation period, advancing the preparation of a white paper for its Kvanefjeld project in Greenland.
West Wits Mining (ASX:WWI) - Chairperson, Michael Quinert - The Market Herald

" West Wits Mining (ASX:WWI) lodges prospecting licence to recoup resources

West Wits Mining (WWI) has lodged a prospecting licence application for Qala Shallows and Deeps areas of the Witwatersrand Basin Project in South Africa.
Copper Search (ASX:CUS) - CEO and Executive Director Peter McIntyre - The Market Herald

" Copper Search (ASX:CUS) on track to drill at Emu Creek

Copper Search (CUS) said it’s on track to begin drilling in the Emu Creek area of the Billa Kalina Project in South Australia.