Robust and Experienced Management Paves Way for Ecograf

  • Sep 16, 2020 AEST
  • Team Kalkine
Robust and Experienced Management Paves Way for Ecograf

Summary

  • Government backed incentive schemes promoting a transition to Electric Vehicle adoption, reliable supply of High-quality cathode and anode materials a must for the burgeoning EV markets.
  • EcoGraf to commercially produce battery quality Spherical Graphite products from Kwinana facility, Recycling test works results up to 100% Carbon recycle rates using EcoGrafTM purification process.
  • Management with over a century of experience. Board with skin in the game holds over 10% equity.

The ongoing pandemic played out to be an accidental catalyst to the clean energy and electric mobility space. A mega boom in the electric vehicle segment is anticipated especially in the Chinese and European markets, where extensive incentive schemes have been introduced to transition to cleaner and sustainable mobility solutions.

The rapid increase in adoption of the electric vehicle would, in tandem accelerate the battery industry, which depends on critical minerals for cathode and anode precursors. Graphite is unarguably the predominant choice in the battery packs.

The consulting firm, Roskill anticipates the Electric Vehicle market growth to enhance the demand for natural graphite by over 700% by 2025.

Ecograf to deliver eco-friendly, cost-efficient battery grade graphite with innovative recycling options

EcoGraf Limited (ASX:EGR), an innovative battery quality Anode material producer, plans to deliver high purity spherical graphite product for the Lithium ion battery packs. Further, Ecograf also plans to recycle graphite used up from lithium-ion batteries using EcoGrafTM proprietary purification process.

Ecograf advances on setting up state of art Kwinana Battery Graphite Facility to produce over 5,000 tonnes a year and later ramp up to 20,000 tonnes a year of Spherical graphite products. The clean energy player has already made substantial progress on the proposed Kwinana processing facility and the proprietary purification process. The innovative approach and strategic progress need to be accredited to the management at Ecograf.

Must Read: Emerging battery technologies in the era of electric mobility

Strong Management with “Skin in the Game”

The management at Ecograf holds a strong blend of project development, commercial and graphite experience with the board holding over 10% equity exhibiting the confidence in the company’s portfolio and mission. With skin in the game, the management is also in alignment with the interest of the shareholders to generate value for the company, its shareholders and the local community.

Let us have a look at the Board and Executive management at Ecograf.

Mr Robert Pett serves the Chairman of Ecograf with over 3 decades of experience as a mineral economist across exploration and mining space. He holds extensive exposure in the exploration, development, production, and financing of more than 10 mining projects globally including the construction of the world class Golden Pride Gold Mine in Tanzania.

Mr Pett is actively contributing to the education and community activities with 10 years of service as the Senator and Chairman of the Resources (Finance) Committee at the Murdoch University in Western Australia.

In the past, Mr Pett held senior level roles in the mineral resources sector both in Australia and Africa. He was also the founding Chairman of Resolute Mining Limited (ASX:RSG) which explored and operated gold mines in Africa and Australia, Sapphire Mines Limited (gemstone mining and exploration), Nickel miner Reliance Mining Limited, Petroleum player Senex Energy Ltd (ASX:SXY) along with directorship positions at numerous gold, base metals, petroleum and uranium production and exploration companies across Asia, Africa and Australia.

Mr Andrew Spinks is a trained geologist with over 25 years of professional experience across the commodities including speciality and industrial minerals across Australia, Asia and Africa. Mr Spinks is a co-founder of TanzGraphite Pty Ltd and serves as the Managing Director of EcoGraf since its acquisition.

In the past, Mr Spinks held a wide range of roles across the mineral project stages from exploration to development and sat on the board of ASX and TSX listed publicly traded firms.

Mr John Conidi is a Certified Practicing Accountant with vast experience of over 20 years’ experience in developing, acquiring and managing businesses, especially across the technology and healthcare sectors.

Mr Conidi holds wide interests in the graphite sector and is an experienced investor focussing on resources and technology. He also serves as the Chairman of 333D Limited, a partner of Kibaran, which together owns the 3D Graphtech Industries Pty Ltd, an innovation-based graphite and graphene player exploring mechanisms in emerging technologies.

During his tenure as the Managing Director of Capitol Health Limited, Mr Conidi focussed on growth and expansion of the business, resulting in major growth of the firm in terms of market capitalisation.

Mr Howard Rae is a Chartered Accountant with over two decades of experience in the mineral resources sector across Australia, Asia and Africa with special focus on acquisition, development, operation and capital raisings for new mining projects.

In the past, he served as the Chief Financial Officer of numerous successful ASX listed firms across precious and base metals, industrial minerals and steel precursors segments along with Directorships of multiple unlisted and not-for-profit organisations globally.

Mr Rae during his long and rich professional career specialised in growth and new business development, negotiating and forming key joint ventures, structuring and negotiating infrastructure, project and corporate funding transactions, risk management, sales and marketing and implementing new business improvement programs.

EcoGraf closed at $0.160 a share on 16 September 2020, with a market capitalisation of $74.62 million.

All financial information pertains to Australian dollar unless stated otherwise.

 


Disclaimer
The website https://kalkinemedia.com/au is a service of Kalkine Media Pty. Ltd. A.C.N. 629 651 672. The article has been prepared for informational purposes only and is not intended to be used as a complete source of information on any particular company. The above article is sponsored but NOT a solicitation or recommendation to buy, sell or hold the stock of the company (or companies) or engage in any investment activity under discussion. We are neither licensed nor qualified to provide investment advice through this platform. All pictures are copyright to their respective owner(s). Kalkinemedia.com does not claim ownership of any of the pictures displayed on this website unless stated otherwise. Some of the images used on this website are taken from the web and are believed to be in public domain. We have used reasonable efforts to accredit the source (public domain/CC0 status) to where it was found and indicated it below the image.

 

There is no investor left unperturbed with the ongoing trade conflicts between US-China and the devastating bushfire in Australia.

Are you wondering if the year 2020 might not have taken the right start? Dividend stocks could be the answer to that question.

As interest rates in Australia are already at record low levels, find out which dividend stocks are viewed as the most attractive investment opportunity in the current scenario in our report.

CLICK HERE FOR YOUR FREE REPORT!
   
x
We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK