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EcoGraf Limited (ASX:EGR)

ALERT: Price-sensitive ASX Announcement for EGR
Current share price for EGR : $0.270 -0.115 (-29.87%)+
Announcement
Release
20 Apr 2026 8:26AM
Price at Release
$0.385
Full Release
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Summary
EcoGraf Limited has signed a non-binding Memorandum of Understanding with Mitsubishi Chemical Corporation to establish a framework for cooperation in the supply and commercialization of graphite materials. This collaboration supports EcoGraf’s strategy to develop a vertically integrated battery anode materials business, including projects in Tanzania and planned purification facilities in Japan. Mitsubishi Chemical, a leader in the chemical industry and supplier of anode materials, will consider a long-term sales arrangement contingent on technical evaluations. The partnership is part of EcoGraf’s efforts to establish relationships with leading manufacturers in the battery industry.
Key Points
  • EcoGraf Limited has executed a non-binding Memorandum of Understanding with Mitsubishi Chemical Corporation.
  • The MOU establishes cooperation for the supply, qualification, and potential commercialization of graphite materials.
  • EcoGraf's strategy includes developing a vertically integrated battery anode materials business.
  • Mitsubishi Chemical Corporation is a global leader in the chemical industry and a supplier of anode materials.
  • The MOU supports EcoGraf's Epanko Graphite Project in Tanzania and planned purification facilities.
  • EcoGraf is investing in HFfree® purification technology to produce high-purity graphite products.
  • The MOU provides for potential long-term product sales arrangement for various graphite products.
  • EcoGraf aims to build long-term relationships with tier-one anode and battery manufacturers.
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.