A bit of clarity on the upgrade to 25kt, looks like it’s old phase 1 and 2 combined with the increased yield causing resulting output increase, as I think Spid suggested. So likely not a big impact on approvals?
”The single-phase development combines the existing stage 1 and stage 2 developments and by incorporating the improved production yields achieved during the Company’s 2021 commercial scale micronizing and spheronizing testwork program (refer ASX Announcement Commercial Scale Program Delivers 20% Product Yield Increase 14 July 2021), battery anode material output from the facility is forecast to increase from 20,000tpa to approximately 25,000tpa.EcoGraf is updating development plans for the single-phase approach, including amending proposed land-lease arrangements, optimising the equipment configuration and evaluating the potential to locate the mechanical shaping mills in Tanzania to optimise flake graphite feedstock logistics arrangements.”
EGR Price at posting:
34.5¢ Sentiment: None Disclosure: Held
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