EcoGraf Gains Recognition from MSP in US Department of State Announcement

EcoGraf Limited has been acknowledged in a Joint Statement from the Minerals Security Partnership (MSP), as mentioned in a US Department of State press release. The company's Epanko Graphite Project was highlighted during the MSP principals’ meeting in Toronto, emphasizing on responsible investment in critical minerals. The MSP's goal is to foster the development of reliable and sustainable critical mineral supply chains. EcoGraf's Epanko Project in Tanzania has secured a significant step forward with German-based KfW IPEX-Bank arranging a senior debt facility of up to US$105 million for its development.

This acknowledgment follows a US White House statement from October 2023, which recognized EcoGraf during the official visit of Australian Prime Minister Albanese. The company is developing a vertically integrated battery anode materials business, intending to supply high purity graphite products for lithium-ion batteries and other advanced manufacturing sectors using environmentally conscious technology. The recognition by MSP and the support for the Epanko Graphite Project underscores the importance of sustainable and strategic mineral development projects on the global stage.