EcoGraf Receives $1.7 Million R&D Tax Incentive from Australian Taxation Office

Reuters

Jan 06

EcoGraf Receives $1.7 Million R&D Tax Incentive from Australian Taxation Office

EcoGraf Limited has received a Research and Development tax incentive of $1.7 million from the Australian Taxation Office. The incentive relates to eligible research and development costs incurred by the company during the financial year ended 30 June 2025, specifically for the development of its proprietary EcoGraf HF _free_® purification technology. Additionally, EcoGraf has submitted proposals for a grant of approximately €4 million (A$7 million) from European governments to support technical development of its upstream and midstream activities in Tanzania, as well as its proposed downstream development in Europe. No other beneficiary organizations were mentioned.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. EcoGraf Limited published the original content used to generate this news brief via EQS News, a service of EQS Group AG (Ref. ID: corporate_2254102_en), on January 05, 2026, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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The incentive relates to eligible research and development costs incurred by the company during the financial year ended 30 June 2025, specifically for the development of its proprietary EcoGraf HF _free_ purification technology. Additionally, EcoGraf has submitted proposals for a grant of approximately 4 million  from European governments to support technical development of its upstream and midstream activities in Tanzania, as well as its proposed downstream development in Europe. 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