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EcoGraf Limited (ASX:EGR)

ALERT: Price-sensitive ASX Announcement for EGR
Current share price for EGR : $0.280 0.07 (33.33%)+
Announcement
Release
12 Aug 2026 4:29PM
Price at Release
$0.210
Full Release
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Summary
EcoGraf Limited announced a binding term sheet agreement with a major German graphite trader to double the offtake volume of natural flake graphite from the Epanko Graphite Project in Tanzania. This agreement replaces a previous one and involves the purchase of 20,000 tpa initially, increasing to 40,000 tpa after five years. The agreement is set for a 10-year term and pricing will be based on market reference prices with a floor price for protection. This increased volume supports future expansions of the Epanko project and aligns with the growing demand for secure graphite supply chains in Europe. The identity of the German partner remains confidential. This development is part of EcoGraf's strategy to secure 40,000 tpa of contracted sales into Europe, alongside an existing agreement with tk accelis Trading GmbH. EcoGraf is also advancing its HFfree battery anode material strategy and maintaining production capacity for future demands.
Key Points
  • EcoGraf signed a binding term sheet with a German graphite trader.
  • The agreement involves doubling offtake volumes to 40,000 tpa.
  • It supports future expansions of the Epanko Graphite Project.
  • The agreement includes a 10-year term with market-based pricing.
  • The partner's identity remains confidential due to contractual obligations.
  • EcoGraf also has an agreement with tk accelis Trading GmbH.
  • The company is developing a vertically integrated battery anode business.
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.