Ann: EcoGraf Purification Achievement, page-7

“The EcoGraf product qualification and phased commercialisation program is attracting strong interest from European industrial organisations and discussions are in progress on potential collaboration. An agreement is also being finalised to secure the feedstock for the downstream processing business, typically minus 100 mesh sizing, with 94% carbon content, which is readily available from a range of existing graphite producers. Kibaran has successfully applied its new eco-friendly purification process to these potential feedstocks, enabling it to move forward with plans to establish a stand-alone battery (spherical) graphite business for the lithium-ion battery market.”

There is no question as to whether the commercialisation of the pilot plant is proceeding. The only question is; who are we in discussions with on “potential collaboration”?