EcoGraf (AU:EGR) has released an update.
EcoGraf Limited has announced a significant step forward in securing up to $105 million in debt financing for the Epanko Graphite Project, with a preliminary review from the German Government indicating potential eligibility for a loan guarantee. The company is now advancing its planning efforts to meet the environmental and social standards required for formal approval. This financial support is key to developing Epanko, which is set to supply high purity graphite for the booming lithium-ion battery and advanced manufacturing markets.
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