<p>Australian diversified battery anode materials company EcoGraf Limited announced the production of initial GreenRECARB products as part of the Company’s global product development program for the new EcoGraf Battery Anode Material Facility in Western Australia. GreenRECARB products achieve specifications required for use as an environmentally superior replacement for petroleum coke furnace additives by global steel manufacturers. Key advantages of GreenRECARB are its high purity with reduced sulphur and nitrogen levels, improved carbon absorption efficiency and low emission manufacturing process compared to existing coke products.</p><p>EcoGraf GreenRECARB is a recarburiser additive for use in electric arc and induction furnace steel manufacturing processes. Steel manufacturers are seeking more sustainably produced additive materials to replace the use of energy intensive fossil fuel based calcined petroleum coke products. Importantly, the high carbon absorption efficiency of natural crystalline graphite additives in both electric arc and induction furnace steel manufacturing processes is expected to increase the operating efficiency of these furnaces and lower steel production costs.</p><p>This recarburiser program is part of the extensive international product development program to enhance the value of by-products generated from the manufacture of EcoGraf HFfree high density battery anode material products. The initial phase of the EcoGraf GreenRECARB program consisted of bench scale formulation of optimum binding, granulation and pelletisation processes to produce a cost-effective and environmentally superior recarburiser product for steel manufacturers.</p><p>Electric arc furnace steel production currently accounts for approximately 30% of the global steel market and requires a minimum of 3-4% recarburiser additive, providing a market opportunity of up to 1 million tonnes of recarburiser each year. </p><p>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 USD 30 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.</p>
<p>Australian diversified battery anode materials company EcoGraf Limited announced the production of initial GreenRECARB products as part of the Company’s global product development program for the new EcoGraf Battery Anode Material Facility in Western Australia. GreenRECARB products achieve specifications required for use as an environmentally superior replacement for petroleum coke furnace additives by global steel manufacturers. Key advantages of GreenRECARB are its high purity with reduced sulphur and nitrogen levels, improved carbon absorption efficiency and low emission manufacturing process compared to existing coke products.</p><p>EcoGraf GreenRECARB is a recarburiser additive for use in electric arc and induction furnace steel manufacturing processes. Steel manufacturers are seeking more sustainably produced additive materials to replace the use of energy intensive fossil fuel based calcined petroleum coke products. Importantly, the high carbon absorption efficiency of natural crystalline graphite additives in both electric arc and induction furnace steel manufacturing processes is expected to increase the operating efficiency of these furnaces and lower steel production costs.</p><p>This recarburiser program is part of the extensive international product development program to enhance the value of by-products generated from the manufacture of EcoGraf HFfree high density battery anode material products. The initial phase of the EcoGraf GreenRECARB program consisted of bench scale formulation of optimum binding, granulation and pelletisation processes to produce a cost-effective and environmentally superior recarburiser product for steel manufacturers.</p><p>Electric arc furnace steel production currently accounts for approximately 30% of the global steel market and requires a minimum of 3-4% recarburiser additive, providing a market opportunity of up to 1 million tonnes of recarburiser each year. </p><p>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 USD 30 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.</p>