What happens next?, page-88

Here is the transcription
Ecograf Q&A.pdf
A short sum up

1. Company Developments and News Flow:

   • The company has various developments lined up for the coming quarters.
   • They are updating the relocation action plan for construction commencement.
   • Engineering works are ongoing along with valuation reports updates.
   • News flow is expected from the development of the Panko project in Tanzania.
   • Drilling, infrastructure, and resource expansion work will generate news.
   • Product qualification plans, recycling efforts, and potential partnerships are in progress.

2. Solid State Batteries and Impact on Graphite Demand:

   • Solid state batteries are becoming more significant for energy storage.
   • Graphite is used in solid state batteries, and while these batteries are on the horizon, there's still some time before they reach production.
   • Graphite demand will increase due to various battery technologies.
   • The transition to clean energy requires graphite as a critical raw material.

3. Location and Product Qualification Facility:

   • The company applied for grant funding for a product qualification facility.
   • The facility's location is being finalized, with options in Western Australia and New South Wales.
   • The facility is expected to be operational by Q1 2024 and is a crucial step in the commercialization process.

4. Battery and Material Facility Locations:

   • The company is exploring facility locations to meet battery material demand.
   • Multiple facilities could be established near end-users in North America, Europe, and Australia.
   • Partnering with manufacturers for development could expedite the scaling process.

5. Tanzania as a Supply Hub and Diversification:

   • Tanzania is seen as a strategic location for graphite supply.
   • The company is considering diversifying supply within Tanzania and along the supply chain.

6. OEMs Moving Away from Chinese Graphite:

   • EV manufacturers are looking to diversify their graphite supply chains.
   • The company is receiving inquiries from manufacturers outside China due to the need for transparent and reliable sources.

7. Recycling Efforts and Circular Economy:

   • The company is working on battery material recycling.
   • Partnerships are established with recyclers and researchers to support the circular economy.
   • Recycling is driven by the EU Green Deal and environmental considerations.

8. Risks and Challenges:

   • The main challenge mentioned is the need to move quickly with limited resources due to the company's ambitious goals.