In Western Australia, EcoGraf Limited (ASX: EGR) has opened its Product Qualification Facility (PQF). This facility will use the EcoGraf HFfreeTM purifying process to generate battery anode material for the lithium-ion battery industry. The PQF will run nonstop, producing product samples, and confirming the procedure for use in commercial production.
The facility is being constructed after research validated the process's low hazardous waste and cost advantages. EcoGraf has been granted AU$2.9 million in grant financing for this program, which is jointly supported by the Australian Government's AU$48.9 million Critical Minerals Development Program.
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Nextgen Global Services Pty Ltd trading as Kapitales Research (ABN 89 652 632 561) is a Corporate Authorised Representative (CAR No. 1293674) of Enva Australia Pty Ltd (AFSL 424494). The information contained in this website is general information only. Any advice is general advice only. No consideration has been given or will be given to the individual investment objectives, financial situation or needs of any particular person. The decision to invest or trade and the method selected is a personal decision and involves an inherent level of risk, and you must undertake your own investigations and obtain your own advice regarding the suitability of this product for your circumstances. Please be aware that all trading activity is subject to both profit & loss and may not be suitable for you. The past performance of this product is not and should not be taken as an indication of future performance.