Australia's EcoGraf Considers Battery Anode Material Facility Development in Vietnam

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Australian graphite producer EcoGraf announced on Monday that it will assess the potential for developing a battery anode material (BAM) facility in Vietnam in partnership with local lithium-ion battery manufacturer VinES Energy Solutions. EcoGraf will provide VinES with its patented BAM processing technology, while VinES will support EcoGraf's expansion plans in the United States. The companies will evaluate the possibility of using local graphite material supply in Vietnam, as well as feedstock from EcoGraf's Epanko project in Tanzania. The agreement includes a phased evaluation program to assess local graphite suppliers in Vietnam and the development of a battery anode supply chain. A feasibility study will be conducted on the proposed facility, which will include regulatory approvals and key project agreements before a final investment decision is made.