EGR

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8.8¢ ecograf limited

General Discussion, page-2627

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Names little

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06/03/24

14:26

Post #: 72773602
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Originally posted by Dozen ↑

At the meeting, the MSP partners confirmed they are working to advance the following projects that have a high potential to contribute to the development of responsible critical mineral supply chains, demonstrate high ESG standards, facilitate the global energy transition, and are collaborating with relevant governmental or financial agencies of MSP partners:

Across the 23 MSP projects.

16 projects involve upstream mining and mineral extraction, 7 involve midstream processing, and 7 involve recycling and recovery.

The projects cover cobalt, copper, gallium, germanium, graphite, lithium, manganese, nickel, and rare earth elements.

6 project sites in the Americas, 5 project sites in Europe, 13 project sites in Africa, 3 project sites in the Asia-Pacific region.

Notable milestones were achieved for the following projects:

EcoGraf Epanko Graphite Project: Australian-based EcoGraf has authorized German-based KfW IPEX-Bank to arrange a senior debt facility of up to USD 105 million for the development of the Epanko Graphite Project in Tanzania. The German government has confirmed, in principle, the eligibility of the Epanko project for the Untied Loan Guarantee (UFK) scheme, which is contingent on the support of German off-takers for the initial phase of the project, which is expected to produce 73,000 tons per year of graphite. The loan from KfW IPEX-Bank, subject to satisfactory due diligence and credit approvals, offers favorable terms and reflects the strategic importance of the project. EcoGraf is building a vertically integrated battery anode materials business to produce high-purity graphite products for the lithium-ion battery and advanced manufacturing markets. EcoGraf’s commitment to high ESG standards, in compliance with the Equator Principles, has been a key factor in securing this financing.

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Hi Dozen, that word “arrange” is confusing. Are KFW giving us a loan (subject to conditions) or are they simply being paid (authorised/mandated) to try and find someone to loan us the money.
EGR Price at posting: 17.0¢ Sentiment: None Disclosure: Held
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General Discussion, page-2627

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Tonight's US CPI data could set the tone for November. What are markets expecting?

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Issues emerging as Australian companies tackle critical minerals challenge

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Featured News

Buyers (Bids)

Sellers (Offers)

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General Discussion, page-2627

Top Stories

Ragnar impressed by 11.55 metre pegmatite in Sweden, anticipating further mineralisation

The ASX can overlook its Telecomm small-caps. Here’s one diversified brand with an international footprint

Court process clears way for ARB to buy up 4 Wheel Parts business in the US

Octava Minerals joins the antimony train with high-grades on the radar at Yallagong, WA

Tonight's US CPI data could set the tone for November. What are markets expecting?

NRW Holdings inks $109M deal with BHP for works at Jimblebar

ASX Market Open: ASX200 to open flattish after Wall Street weakens on hot US inflation data | October 11, 2024

Sunshine Metals kicks off copper gold drilling at Truncheon; Highway East targets

Issues emerging as Australian companies tackle critical minerals challenge

Smallcap Artemis Res' jumps 23% on six digit gold grade rockchip find at Titan

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News