PRESS RELEASE : EcoGraf Limited: ???????Funding for Expansion of Battery Anode Material Facility

DGAP-News: EcoGraf Limited / Key word(s): Miscellaneous 
EcoGraf Limited: ???????Funding for Expansion of Battery Anode Material Facility 
2021-07-29 / 09:45 
The issuer is solely responsible for the content of this announcement. 
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Funding for Expansion of Battery Anode Material Facility 
EcoGraf Limited ("EcoGraf" or the "Company") (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to provide an update on 
funding arrangements for the development and expansion of its Battery Anode Material Facility in Western Australia. 
The new state-of-the-art facility will produce high purity battery anode material using the Company's proprietary 
EcoGraf(TM) HFfree purification process for export to battery markets in Asia, Europe and North America. The initial 
construction timeframe for the 5,000tpa commercial scale facility is 11 months, followed by commissioning and final 
product qualification. The Company then plans to undertake a 12-month expansion program to achieve a production level 
of 20,000tpa. 
EcoGraf will fund the initial phase of the development using its existing cash reserves from the successful AUSD54.6 
million institutional placement completed in February 2021, with the expansion phase to be financed through a 
combination of cash reserves and loan funding. 
Export Finance Australia (the Australian Government's export credit agency) has undertaken assessment on the planned 
development, including an evaluation of feasibility and engineering studies, development reports, market studies, 
technical reviews and financial models. As a result, EcoGraf has received a non-binding letter of support from Export 
Finance Australia to secure a USUSD35 million loan facility for the planned expansion, with any final commitment of 
finance by Export Finance Australia being subject to the satisfaction of a number of conditions customary for a loan of 
this nature. 
This is an important milestone in the Company's development plans for the new EcoGraf(TM) Battery Anode Material 
Facility, which will be the first of its type globally, providing battery and electric vehicle manufacturers with 
sustainably produced, high performance battery anode material for lithium-ion batteries and EcoGraf is pleased to be 
actively supporting Australia's Critical Minerals Strategy for the transition to clean energy. 
This announcement is authorised for release by Andrew Spinks, Managing Director. 
 
For further information, please contact: 
INVESTORS 
Andrew Spinks 
Managing Director 
T: [phone] 
 
ENGINEERING CLEAN ENERGY 
About EcoGraf 
EcoGraf is building a diversified battery anode material business to produce high purity graphite products for the 
lithium-ion battery and advanced manufacturing markets. Over USUSD30 million has been invested to date to create two 
highly attractive, development ready graphite businesses. 
The first new state-of-the-art EcoGraf processing facility in Western Australia will manufacture spherical graphite 
products for export to Asia, Europe and North America using a superior, environmentally responsible HFfree purification 
technology to provide customers with sustainably produced high performance battery anode material. Subsequently, the 
battery graphite production base will be expanded to include additional processing facilities in Europe and North 
America to support the global transition to clean, renewable energy in the coming decade and the rapid growth in 
battery materials. 
In addition, the Company's breakthrough recovery of carbon anode material from recycled batteries using its EcoGraf^TM 
process will enable the recycling industry to reduce battery waste and use recycled carbon anode material to improve 
battery lifecycle efficiency. 
To complement these battery graphite operations, the Company is also advancing the TanzGraphite natural flake graphite 
business, with development of the Epanko Graphite Project, which will supply additional feedstock for the battery anode 
material facilities and provide customers with a long term supply of high quality graphite products for industrial 
applications such as refractories, recarburisers and lubricants. 
A video fly-through of this new facility is available online at the following link: 
https://www.ecograf.com.au/#home-video 
Follow EcoGraf on LinkedIn, Twitter or sign up to the company's newsletter for the latest announcements, media releases 
and market news. 
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2021-07-29 Dissemination of a Corporate News, transmitted by DGAP - a service of EQS Group AG. 
The issuer is solely responsible for the content of this announcement. 
The DGAP Distribution Services include Regulatory Announcements, Financial/Corporate News and Press Releases. 
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1222597 2021-07-29

 
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July 29, 2021 03:45 ET (07:45 GMT)