EcoGraf looks at BAM options in Vietnam
PERTH (miningweekly.com) – Critical minerals company EcoGraf has inked a non-binding memorandum of understanding (MoU) with Vietnam-based VinEs Energy Solutions Joint Stock Company to evaluate a battery anode material (BAM) facility in Vietnam.
EcoGraf will evaluate the potential to combine a localised graphite material supply in Vietnam with future feedstock from its Epanko graphite project in Tanzania.
The company told shareholders that the ability to incorporate local BAM feedstock offers numerous advantages through lower production and transport costs. The potential also exists to combine the company’s Epanko graphite with the Vietnam material to develop a scalable localised supply chain.
Under the agreement EcoGraf will support VinES with its graphite expertise and US-patented battery anode material processing technology and VinES will provide its battery materials supply chain logistics, in-country expertise, manufacturing and construction capability in Vietnam.
“Our team is excited by the opportunity as Vietnam has excellent potential to host an integrated anode materials supply chain and be a regional hub for anode material manufacturing,” said Epanko MD Andrew Spinks.
“Our previous feasibility work on Vietnam indicated very competitive cost structures, high environmental and social governance (ESG) credentials and attractive investment policies. We are delighted to be partnering with VinES, a leading lithium-ion battery maker in Vietnam which shares our vision and values.
“More importantly, our businesses are highly complementary and our cooperation should allow both parties to strengthen our position in the electric vehicle battery material supply chain. We look forward to working with VinES to develop a highly cost-competitive operation with compelling ESG credentials in Vietnam.”
Comments
Research Reports
Projects
Latest News
Showroom
Booyco Electronics, South African pioneer of Proximity Detection Systems, offers safety solutions for underground and surface mining, quarrying,...
VISIT SHOWROOM
ENVASS is a customer and solutions-driven environmental consultancy with established divisions, serviced by highly qualified and experienced...
VISIT SHOWROOM
Press Office
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
