EcoGraf MD Andrew Spinks and in-country director Christer Mhingo formalise the MOU with Jyri Talja, executive VP of Betolar and Kimmo Tiilikainen, DG of GTK.
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EcoGraf (ASX: EGR) has signed a non-binding memorandum of understanding with the Geological Survey of Finland (GTK) to explore the utilisation of mineral tailings in the mass production of low‐carbon building products.

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The Australian materials business is collaborating with GTK and materials tech company Betolar to cooperate on CY26 studies on utilising materials tailings in the mass production of low‐carbon building products.

Betolar has commercialised Geoprime low-carbon binder tech, which enables a reduction in CO2 emissions and cement-free concrete using industrial mine tailings.

Through previous studies and analysis working with the Amira Global sustainable and innovative tailings dam research program, the company has identified opportunities to further utilise tailings generated from graphite processing, including potential uses as feedstock for sustainable low-carbon materials.

MD Andrew Spinks said, based on development, EcoGraf expects to generate an average of approximately 900,000 tonnes per annum during the first 10 years of the stage one production, including 73K tonnes per annum at Epanko.

“If successful, this approach could facilitate the productive reuse and progressive removal of significant volumes of tailings and waste rock from mine sites. In addition to creating new value streams, the model has the potential to enhance site safety, reduce long-term environmental liabilities, lower carbon emissions, decrease water usage and improve overall environmental performance,” Mr Spinks said.

He added that, under the collaboration, the parties intend to pursue grant funding and other support mechanisms to undertake technical, commercial and environmental studies assessing the feasibility of converting tailings into value‐added building products for domestic and international markets.

This announcement comes after an European Investment Bank signing earlier this week, where EcoGraf obtained a cooperation agreement for the Epanko graphite and midstream mechanical shaping facility in Tanzania, as well as services to enable the integration of the project into the EU battery anode value chain.

EGR is down -4.76%, to 40cps.

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