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Ecograf (ASX:EGR) lays plans for pilot plant

Materials
ASX:EGR      MCAP $65.83M
16 August 2021 09:50 (AEST)
EcoGraf (ASX:EGR) -

Source: EcoGraf

Ecograf (EGR) has pinned down costs and production estimates for its modular recycling pilot plant in Western Australia after completing an engineering scoping study.

The capital cost associated with the company’s planned lithium-ion battery anode recycling pilot plant is expected to total roughly $5.8 million, based on a study by GR Engineering.

Process plant, equipment purchase and construction direct costs are forecast at around $4 million, with the remaining $1.8 million representing “indirect” costs.

The facility will use Ecograf’s “HFfree process”, which seeks to recover carbon battery anode material from production waste to produce battery materials.

According to EGR, the pant will operate as a standalone facility with throughput rates based on a single shift, five-day operating week.

The pilot plant is hoped to demonstrate purification flowsheet capability, and provide customers with product sample volumes for technical and commercial assessment.

Ecograf affirms the plant could also provide a “customised solution to support new legislation from the EU Commission that demands increased battery recycling”.

Looking ahead, EGR said it was developing work programs with potential partners to support the plant.

Ecograf shares were up 1.01 per cent to trade at $1.01 at 11:32 am AEST.

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