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EcoGraf Limited: Funding for Expansion of Battery Anode Material Facility

EcoGraf Limited: Funding for Expansion of Battery Anode Material Facility
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EcoGraf Limited: Appointment of Executive Manager - Product Development

FSE:
FMK) is pleased to advise the appointment of Mr Michael Chan, a highly experienced battery anode materials technical specialist.
Michael is a Perth based qualified metallurgical engineer and has been appointed to the position of Executive Manager - Product Development.
The appointment is a new senior executive position responsible for leading the Company s carbon product development team, which coincides with pre-construction engineering works for the new EcoGraf(TM) HF
free 20,000ktpa battery anode material facility in Western Australia.
Michael s appointment will also support the Company s R&D, innovation and product marketing programs for EcoGraf s vertically integrated battery anode material businesses, which includes the recovery of carbon anode materials from lithium-ion battery recycling processes. ....

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Up 940% since last year: What's with the EcoGraf (ASX:EGR) share price?

It also has a leader in the recycling graphite from disused lithium-ion batteries.
The company mines graphite from Tanzania. It is in the process of developing a processing plant in Kwinana, Western Australia.
Battery business boom
EcoGraf’s meteoric share price rise didn’t gain huge traction until January 2021.
Then, with no warning at all, it shot up 116% over a week without a word of news from the company. When questioned by the ASX as to why it answered that growing interest in the lithium battery sector and its purification technology may have been to blame.
Over the next 4 weeks, the EcoGraf share price climbed a monumental 511%. In that time EcoGraf updated its debt facility and completed a capital raising. ....

Western Australia , Scott Phillips , Ecograf Limited , Australian Federal , Tanzanian Government , Epanko Graphite , Graf Limited , Motley Fool Share Advisor , மேற்கு ஆஸ்திரேலியா , ஸ்காட் பிலிப்ஸ் , ஆஸ்திரேலிய கூட்டாட்சியின் , கிராப் வரையறுக்கப்பட்டவை ,