Kibaran’s commercialisation of EcoGraf is based on anode...

Kibaran’s commercialisation of EcoGraf is based on anode manufacturers’ plans to diversify future supply arrangements from their present reliance on Chinese battery graphite, that is produced using an environmentally harmful hydrofluoric acid purification process. Customer feedback on the EcoGraf process has been exceptionally positive and successful application of this eco-friendly process to other sources of natural flake graphite will provide an opportunity for the early start-up of battery (spherical) graphite facilities in Europe and Asia, in parallel with the development of the long life and scalable Epanko Graphite Project in Tanzania.

There seems to be a growing confidence that we will have processing facilities in both Europe and Asia. Initial results expected mid-August, an announcement on these proposed graphite facilities soon after perhaps.