EcoGraf successfully produces the first GreenRECARB products

DGAP-News: EcoGraf Limited / Keyword(s): Miscellaneous

EcoGraf successfully produces the first GreenRECARB products

25.01.2022 / 13:35
The issuer is solely responsible for the content of this announcement.

January 25, 2022
EcoGraf successfully produces the first GreenRECARB products

Milestone for Australian Battery Anode Material Facility’s global product development program

Diversified Battery Anode Materials Business EcoGraf Limited (EcoGraf or the Society) (ASX: EGR; ESF:FMK; OTCQX: ECGFF) is pleased to announce the production of the first GreenRECARB products under the company’s global product development program for the new EcoGraf(TM) battery anode material (BAM) Installation in Western Australia.

Highlights

  • GreenRECARB products meet the specifications required for use as an environmentally superior replacement for petroleum coke oven additives by global steelmakers.
  • The main advantages of GreenRECARB are its high purity with reduced sulfur and nitrogen levels, better carbon absorption efficiency and a low emissions manufacturing process compared to existing coke-based products.
  • Product samples will be provided to potential customers for operational evaluation.
  • The test results provide data on the flow sheet of the production process for the initial engineering design work.

EcoGraf(TM) GreenRECARB is a recarburizing additive for use in electric arc and induction steelmaking processes. Steel fabricators are looking for more sustainably produced additive materials to replace the use of energy-intensive fossil fuel-based calcined petroleum coke products.

This recarburization program is part of an extensive international product development program aimed at improving the value of by-products generated from the manufacture of EcoGraf(TM) HFfree high density battery anode material products (see ASX announcement EcoGraf conducts global by-product development programs November 5, 2021).

The initial phase of the EcoGraf(TM) GreenRECARB program consisted of a laboratory-scale formulation of optimal bonding, granulation and pelletization processes to produce an economical and environmentally superior recarburizer for steel fabricators.

Steel production in electric arc furnaces currently accounts for approximately 30% of the global steel market and requires a minimum of 3-4% recarburizing additive, providing a market opportunity of up to 1,000,000 tons of recarburizer every year. The Company’s GreenRECARB product will provide customers with a high-purity additive, containing reduced sulfur and nitrogen content, and which is manufactured using a low-emission production process compared to calcined petroleum coke additives. to reduce the carbon footprint of the steelmaking process.

Importantly, the high carbon absorption efficiency of natural crystalline graphite additives in electric arc and induction steelmaking processes is expected to increase the operating efficiency of these furnaces and reduce production costs. steel production.

Data obtained from the process flow diagram and granulator manufacturing route adopted for the GreenRECARB production program will be used for initial engineering design work in parallel with the customer test program.

This announcement is authorized for publication by Andrew Spinks, Managing Director.

For more information, please contact:

INVESTORS

Andrew Spink
General manager
T: +61 8 6424 9002

CLEAN ENERGY ENGINEERING

About EcoGraf

EcoGraf is building a diversified battery anode materials business to produce high purity graphite products for the lithium-ion battery and advanced manufacturing markets. Over US$30 million has been invested to date to create two highly attractive and scale-ready graphite businesses.

The first new state-of-the-art EcoGraf processing plant in Western Australia will manufacture spherical graphite products for export to Asia, Europe and North America using superior, environmentally friendly HF the environment.free purification technology to provide customers with sustainably produced high-performance battery anode material. Going forward, the battery graphite production base will be expanded to include additional processing facilities in Europe and North America to support the global transition to clean, renewable energy over the next decade and the rapid growth battery materials.

Additionally, the company’s breakthrough recovery of carbon anode material from recycled batteries using its EcoGrafMT will enable the recycling industry to reduce battery waste and use recycled carbon anode materials to improve battery lifecycle efficiency.

Complementing these battery graphite businesses, the company is also advancing the natural flake graphite business TanzGraphite, with the development of the Epanko Graphite project, which will supply additional raw materials for battery anode material facilities and supply customers a long-term supply of high quality graphite. products for industrial applications such as refractories, recarburizers and lubricants.

A video overview of this new facility is available online at the following link:

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25.01.2022 Broadcast of a Corporate News, transmitted by the DGAP – a service of EQS Group AG.
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