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EcoGraf Advances Epanko Graphite Project with Updated Reserve Estimates

Story Highlights

EcoGraf ( (AU:EGR) ) has provided an update.

EcoGraf has released an update on its Epanko Graphite Project, highlighting the completion of a Bankable Feasibility Study and Pre-Development Program. The project is based on updated reserves, with 82% Measured Resources and 18% Indicated Resources, supporting an 18-year mine life. The company assures that all material assumptions and technical parameters remain unchanged, reinforcing their strategic positioning in the battery minerals market.

More about EcoGraf

EcoGraf is a company operating in the mining industry, focusing on the production and development of graphite projects. Their primary product is graphite, with a significant emphasis on the Epanko Graphite Project, which aims to supply the growing demand for critical battery minerals.

YTD Price Performance: 240.0%

Average Trading Volume: 252,750

Technical Sentiment Signal: Sell

Current Market Cap: €79.17M

Find detailed analytics on EGR stock on TipRanks’ Stock Analysis page.

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