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EcoGraf battery graphite project, Australia – update

23rd April 2021

By: Sheila Barradas

Creamer Media Research Coordinator & Senior Deputy Editor

     

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Name of the Project
EcoGraf battery graphite project.

Location
The project will be built on Perth’s Kwinana industrial strip, in Western Australia.

Project Owner/s
EcoGraf, formerly Kibaran Resources.

Project Description
The project will import natural flake graphite from existing producers and convert it into battery (spherical) graphite using Kibaran’s patented, environment-friendly EcoGraf process.

The project will be completed in phases.

Phase 1 involves the production of 5 000 t/y of spherical graphite and Phase 2 involves the expansion of production to 20 000 t/y.

Potential Job Creation
The project is expected to employ more than 250 construction workers and 65 jobs in the operational stage.

Net Present Value/Internal Rate of Return
The project has a pretax net present value of $141-million and an internal rate of return of 36.6%.

Capital Expenditure
The project has a forecast upfront capital cost of $22.8-million for an initial 5 000 t/y operation, followed by a further $49.2-million to expand production to 20 000 t/y of battery graphite.

Planned Start/End Date
The company expects to make a final investment decision on the project early next year, with first production scheduled for early 2021.

Latest Developments
EcoGraf’s battery anode materials facility has officially been awarded major project status by the federal government.

Companies awarded major project status can access extra support from the Major Projects Facilitation Agency, including being provided with a single entry point for Australian government approvals, project support and coordination.

Key Contracts, Suppliers and Consultants
GR Engineering (EPC contract).

Contact Details for Project Information
EcoGraf, tel +61 8 6424 9000 or email info@ecograf.com.au.

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