- EcoGraf (EGR) has confirmed its patent for HFfree purification technology has been accepted by the Australian Government Patent Office
- The company claims the technology allows for batteries to be produced in a more environmentally friendly way
- Before the company is granted a patent, other parties have the opportunity to oppose the decision, however, less than two per cent of accepted standard applications are opposed
- The company says it is also applying to register several trademarks to provide a clear market recognition of EcoGraf’s products for a global customer base
- Shares in EGR are down 1.45 per cent to 68 cents at 11:47 am AEDT
EcoGraf (EGR) has confirmed its patent for HFfree purification technology has been accepted by the Australian Government Patent Office.
Before the company is granted a patent, other parties have the opportunity to oppose the decision, however, less than two per cent of accepted standard applications are opposed.
The company claims the technology allows for batteries to be produced in a more environmentally friendly way. The company uses natural flake graphite, which it says is environmentally superior and more cost-effective than traditional methods.
EcoGraf says it has used a range of different graphite feedstocks produced in Asia, Africa and South America to demonstrate the effectiveness of its unique HFfree process.
A battery anode material facility in Western Australia will reportedly be the first of its type in the world.
The plant will export sustainable produced battery anode material products to anode, lithium-ion battery and electric vehicle markets in Asia, Europe and North America.
The company has also launched a global product development program aiming to access higher-value markets. It also plans to maximise the economic and sustainability advantages of the technology.
The initial focus of these programs is the production of low emission recarburisers for
the steel industry, ultra-fine battery conductivity enhancers and high purity fines for lubrication, thermal efficiency and fire-resistant applications.
Additionally, the company says it is applying to register several trademarks to provide a clear market recognition of EcoGraf’s products for a global audience.
Shares in EGR are down 1.45 per cent to 68 cents at 11:47 am AEDT.