EcoGraf says Germany is candidate for second battery graphite production plant
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EcoGraf's first planned battery graphite production facility is set to be built in Western Australia. The company is also developing the Epanko graphite project in Tanzania.
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Australian battery graphite plant developer EcoGraf today revealed it is considering sites for a proposed second facility to be built in Europe – with Germany a likely host country.
The company is already finalising detailed engineering design and procurement plans for its planned first facility near Perth, in Western Australia – as reported by World Battery News last month.
Now EcoGraf is studying several locations in Europe for a proposed second battery graphite production plant and is "working closely” with Germany’s economic development agency, Germany Trade & Invest, to review potential sites in that country.
'Financial incentives'
"Germany also offers additional attractive financial incentives to support new production, including access to development bank funding where the new investment satisfies relevant criteria,” EcoGraf said in a statement to the Australian Securities Exchange.
The company believes work on the European plant could start after completing the first stage of its Australian facility and would "utilise the same engineering design to produce 20,000 tpa of battery graphite”.
A European plant would also give EcoGraf close access to supply the region’s nascent electric vehicles and batteries manufacturing market – where the company is keen to have a presence to "cater specifically to growth in demand in Europe”.
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EcoGraf finalising plans for new battery graphite facility in Australia
The company is already finalising detailed engineering design and procurement plans for its planned first facility near Perth, in Western Australia – as reported by World Battery News last month.
Now EcoGraf is studying several locations in Europe for a proposed second battery graphite production plant and is "working closely” with Germany’s economic development agency, Germany Trade & Invest, to review potential sites in that country.
'Financial incentives'
"Germany also offers additional attractive financial incentives to support new production, including access to development bank funding where the new investment satisfies relevant criteria,” EcoGraf said in a statement to the Australian Securities Exchange.
The company believes work on the European plant could start after completing the first stage of its Australian facility and would "utilise the same engineering design to produce 20,000 tpa of battery graphite”.
A European plant would also give EcoGraf close access to supply the region’s nascent electric vehicles and batteries manufacturing market – where the company is keen to have a presence to "cater specifically to growth in demand in Europe”.
Last year, EcoGraf said trials of its purification process
to recycle lithium-ion battery anode material, conducted in Germany, showed the
process increased the carbon purity of the recycled material by over 200% and
achieved a carbon content of more than 99%.
Related articles in our archive:
EcoGraf finalising plans for new battery graphite facility in Australia