Article

EcoGraf has significantly updated its bankable feasibility study for the Epanko graphite project in Tanzania, enhancing its viability. The final BFS details a $516 million Stage 1 development with an increased throughput of 73,000 tonnes per annum, based on an updated ore reserve of 16.7 million tonnes grading 8.2% total graphite carbon.

The project will utilize EcoGraf's patented HFfree technology and is supported by an initial capital investment of $95 million. Future expansions could increase production to 390,000tpa to meet the rising demand from the electric vehicle and battery sectors. The project benefits from an established transport corridor and grid power access.