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EcoGraf Limited (ASX:EGR)

ALERT: Price-sensitive ASX Announcement for EGR
Current share price for EGR : $0.275 -0.1 (-26.67%)+
Announcement
Release
25 Feb 2026 4:34PM
Price at Release
$0.375
Full Release
download
Summary
The updated Epanko Bankable Feasibility Study (BFS) led by EcoGraf Limited outlines the development of a 73,000 tons per annum graphite production facility with strong financial backing, including a US$105 million senior debt from KfW IPEX-Bank. The project, compliant with international finance standards, aims to produce high purity graphite for battery anodes. It highlights a pre-tax NPV10 of US$516 million with an IRR of 31.1%. Located in Tanzania, the project is set under a Special Mining Licence, focusing initially on Oxide ore to optimize costs. Through thorough environmental and social due diligence, the project assures community benefits and meets regulatory expectations.
Key Points
  • The updated Epanko Bankable Feasibility Study (BFS) outlines the development of a 73,000 tons per annum (tpa) graphite production facility.
  • EcoGraf Limited is leading the project with strong financial support, including US$105 million in senior debt from KfW IPEX-Bank.
  • The project meets international finance standards, including IFC Performance Standards and World Bank Guidelines.
  • Pre-tax NPV10 is US$516 million with an IRR of 31.1% for the project.
  • The project will produce high purity graphite for battery anodes and other industrial applications.
  • Initial production focuses on Oxide ore to optimize processing costs and throughput.
  • The BFS confirms a significant increase in Mineral Resources, with a 10% rise in contained graphite.
  • The project is set in Tanzania with a Special Mining Licence granted.
  • Environmental and social due diligence has been completed to ensure compliance and benefit to the local community.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.