EcoGraf (ASX:EGR) secured a cooperation agreement with the European Investment Bank to advance its HFfree business, according to a Wednesday filing with the Australian bourse.
The bank will provide technical assistance under the deal, including support for the development of the company's Epanko project expansion study and midstream mechanical shaping facility in Tanzania, and services designed to facilitate the project's integration into the EU battery anode value chain, the filing said.
The company's HFfree purification technology aims to support battery anode recycling, per the filing.