EcoGraf (EGR) Corporate Presentation summary

Business overview and strategy

• Vertically integrated approach spans mining, mechanical shaping, purification, and recycling to supply high-purity graphite for lithium-ion batteries and advanced manufacturing.

• Upstream operations focus on the Epanko Graphite Mine and mineral processing to produce natural flake graphite.

• Midstream includes a mechanical shaping facility for producing spherical graphite, with modular, scalable design and logistics optimization.

• Downstream purification uses HFfree technology for ESG-compliant, high-purity anode materials.

• Circular economy initiatives include anode recycling and research into new local industries using graphite fines.

Project development and resource highlights

• Epanko is the largest development-ready graphite project in Africa, with 290.8 Mt at 7.2% TGC and 14.3 Mt at 8.8% TGC Ore Reserve.

• 82% of Ore Reserves are classified as Proven, providing high confidence in process recoveries and concentrate grades.

• Initial production capacity is 73,000 tpa, with expansion potential to 300,000 tpa supported by infrastructure and tailings storage facility upgrades.

• KfW IPEX-Bank mandated for up to US$105m UFK loan; compliance with Equator Principles and IFC standards.

• Special Mining License covering 5.5 km strike length is pending, enabling further expansion.

Market drivers and geopolitical context

• Global EV sales rose 24% YoY in Q2 2024, driving demand for battery anode materials.

• US, EU, and China policy shifts are localizing supply chains, with new tariffs and export controls on Chinese graphite and anode products.

• EU Green Deal and Critical Raw Materials Act incentivize green, localized supply chains and restrict foreign synthetic graphite.