EcoGraf battery graphite facility on JDAP agenda

After years of testwork, engineering studies and countless delays, EcoGraf's Kwinana battery anode manufacturing facility is finally on the Western Australia Joint Development Assessment Panel's (JDAP) agenda. On 6th September EGR will obtain development approval for Australia's first BAM facility, and the first globally that will be HFfree.

Here is a link for the JDAP agenda for the 6th September:- 06 Sep 2022 - Agenda - No 196 - City of Rockingham

For some of us long-term holders this is a moment we have been waiting 6-7 years for. For new holders, well done on your impeccable timing of investing in EGR.

We are fully funded for construction of Phase 1 which will see us producing 5,000 tonnes per annum of battery anode material to supply into the growing EV market. For some perspective on the scale of the project, Phase 1 will produce enough BAM material for up to 185k EVs per annum. The Phase 2 expansion will see us quadruple production output.

A huge congratulations to Andrew and the team and, of course, to all of us shareholders. This has been a long time in the making.