Ann: Results Confirm Superior Performing EcoGraf Battery Material, page-6

Hi Blitz,

Thank you for confirming you don't understand Ecograf's results,

All of the graphite feeds achieved higher capacity than NVX's results who have a MC of $411mil, they only achieved 350mah / g

It would also appear that EcoGraf's results are significant better than the natural graphite results in the NVX presentation



Although EGR's results have no been tested to 500 cycles you can clearly see they have virtually no loss, even with discharge rates of upto 10c.

I can certainly see why Thyssenkrupp has signed a non binding agreement for 50% of Kwinana's planned production.

Looking forward to the update on the Lease agreement and the test work from the recycling of black mass.