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Hang Seng
17,093.50
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39,023.71
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78.00
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2,163.90
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46.11
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109.15
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17,093.50
(3.05%)
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39,023.71
(0.66%)
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38,797.51
(-0.06%)
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7,747.81
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USD/AUD
0.6617
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71,640.19
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78.00
(0.57%)
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2,163.90
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46.11
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109.15
(1.77%)
Hang Seng
17,093.50
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39,023.71
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EcoGraf (ASX: $EGR) collaborates with basf on anode recycling

  • Author: Stock Piper

EcoGraf's Collaboration with BASF on Anode Recycling


EcoGraf Limited (ASX: $EGR) has signed a non-binding Memorandum of Understanding with BASF to support BASF's recycling R&D in Europe with its anode recycling capability. This collaboration aims to accelerate the objective of enabling a circular economy and reducing CO2 emissions.

Executive Commentary on Collaboration with BASF


The collaboration with BASF marks a significant step for EcoGraf in contributing to the circular economy and reducing CO2 emissions. We are pleased to support BASF's recycling R&D and look forward to utilizing our proprietary purification process to recover anode material from BASF's leached black mass. This partnership aligns with our commitment to developing commercial scale anode recycling activities and underscores our dedication to sustainable practices.

Summary of EcoGraf's Collaboration with BASF


EcoGraf (ASX: $EGR) has entered into a non-binding Memorandum of Understanding with BASF to support the latter's recycling R&D in Europe with anode recycling capability. The collaboration aims to accelerate the objective of enabling a circular economy and reducing CO2 emissions. EcoGraf will utilize its proprietary purification process to recover anode material from BASF's leached black mass and support the anode recycling program with blending the recycled anode with its high purity and high-performance Tanzanian graphite. Successful completion of this program will be a crucial milestone for EcoGraf's plans to develop commercial scale anode recycling activities. This partnership with BASF demonstrates EcoGraf's commitment to sustainable practices and its contribution to the global effort of reducing environmental impact.

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