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DGAP-News: POSCO and EcoGraf enter into Battery Anode Material Agreement

DGAP-News: EcoGraf Limited


/ Key word(s): Agreement






POSCO and EcoGraf enter into Battery Anode Material Agreement








25.11.2021 / 10:10




The issuer is solely responsible for the content of this announcement.



POSCO and EcoGraf enter into Battery Anode Material Agreement

Sustainably Produced EcoGraf(TM) HFfree Products to Support POSCO's Battery Materials Expansion Plans

EcoGraf Limited ("EcoGraf" or the "Company") (ASX: EGR; FSE: FMK; OTCQX: ECGFF) is pleased to report that it's entered into a non-binding Memorandum of Understanding with POSCO International (POSCO Intl), a multinational industrial company headquartered in South Korea and a key subsidiary of POSCO Group.

Under the agreement, the parties will work together in relation to EcoGraf supporting POSCO's anode production expansion plans through the supply of EcoGraf(TM) HFfree battery anode material products from the Company's new Australian Battery Anode Material Facility and its planned facility in Europe.
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