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EcoGraf (ASX:EGR) launches approval process for battery anode material facility

Materials
ASX:EGR      MCAP $68.10M
25 October 2021 11:40 (AEST)

EcoGraf's proposed processing facility. Source: EcoGraf

EcoGraf (EGR) has kicked off the approval process for its new battery anode material facility in Western Australia.

The facility is a battery anode material business which will produce high purity graphite products for the lithium-ion battery and advanced manufacturing markets.

EcoGraf appointed several independent consultants to use engineering data to complete planning studies for the project.

The consultants have been contracted to research the environmental planning of the facility, including emissions, noise levels and ground water management, along with health and safety, building design, site infrastructure and offsite services.  

These studies will be used to support submissions for key government approvals for construction and operation of the facility.

The submissions include works approval from the Western Australian Department of Water and Environmental Regulation and development approval from the City of Rockingham.

The data being used was generated from pre-construction test work that took place during the year. This was then updated into the plans for the site configuration and operational activity during the initial and expansion phases.  

The consultants’ studies are expected to be completed by December, ahead of submitting works and development approval proposals to the Government in January.

Government reviews and approvals are then expected to take around three months.

Meanwhile, EcoGraf has been in discussions with the government and several operators in the Kwinana-Rockingham area to evaluate any opportunities for the supply of clean, renewable energy to the operation, including future site expansion.

EcoGraf was up 3.15 per cent, trading at 65.5 cents at 12:31 pm AEDT.

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