InvestSMART

EcoGraf Limited (ASX:EGR)

ALERT: Price-sensitive ASX Announcement for EGR
Current share price for EGR : $0.250 -0.135 (-35.06%)+
Announcement
Release
16 Mar 2026 9:28AM
Price at Release
$0.385
Full Release
download
Summary
EcoGraf Limited has entered a non-binding Memorandum of Understanding (MoU) with Taiwan's Long Time Technology Co., Ltd. (LTT) to collaborate on the development of EcoGraf's HFfree® purification technology, aiming to expand battery anode operations in South-East Asia and Taiwan. The partnership, backed by LTT's affiliation with Foxconn, offers access to Tier-1 OEM supply chains, focusing on ex-China battery material sourcing. The collaboration will involve evaluating joint venture structures for purification facilities and facilitating offtake arrangements. This strategic alignment is set to enhance supply chain resilience, accelerate the adoption of EcoGraf's natural graphite products, and support sustainable anode solutions. The partnership reflects the growing demand for high-quality graphite driven by the expansion of AI and battery energy storage systems, with plans for formal agreements following additional evaluations.
Key Points
  • Partnership with Taiwan's Long Time Technology (LTT) to develop EcoGraf's HFfree® purification technology.
  • Non-binding Memorandum of Understanding (MoU) signed with LTT.
  • Collaboration on offtake arrangements and expansion of battery anode operations in South-East Asia and Taiwan.
  • LTT is affiliated with Foxconn, providing supply chain access to Tier-1 OEM markets.
  • Evaluation of joint venture structure for purification facilities.
  • Potential to enhance supply chain resilience and support sustainable anode solutions.
  • LTT to provide technical specifications for EV anode materials.
  • Rapid growth in AI increasing demand for high-quality graphite.
  • Formal and binding documentation to follow upon completion of further work.
  • Strategic importance in supporting ex-China battery material sourcing.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.