EcoGraf Partners with EIB for Critical Raw Materials Development

EcoGraf Limited has signed a Cooperation Agreement with the European Investment Bank (EIB). This agreement focuses on providing technical assistance to EcoGraf’s HFfree business in the Critical Raw Materials sector. The EIB's support will advance activities such as the Epanko Project expansion and Midstream Mechanical Shaping Facility in Tanzania.

Funded under the EU–OACPS Technical Assistance Facility, this initiative aligns with the EU's Critical Raw Materials Act. The recent agreement follows productive discussions in Brussels, where EcoGraf's vertically integrated graphite developments were showcased. The Epanko Project is pivotal for sustainable battery mineral supply chains in Europe.

EcoGraf is further encouraged to apply for Strategic Project status under the CRM Act to bolster its upstream and downstream projects. This cooperation is seen as a step towards global environmental transition through sustainable supply chains in the battery industry.