EcoGraf's (ASX:EGR) assessment of its patented hydrofluoric acid-free (HFfree) process technology for the production of high-purity active anode material confirmed strong cost competitiveness across all seven potential locations assessed across major global battery manufacturing hubs, according to a Friday Australian bourse filing.
The company said the average purification operating cost is about $478 per tonne of spherical purified graphite (SPG), with an integrated supply chain delivering an estimated cost of about $1,441 per tonne, positioning EcoGraf as a competitive alternative to the Chinese supply.
EcoGraf has secured grant funding totaling about AU$10 million to support development activities, it added.