EcoGraf
- Company typePublic
- Founded2005
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
EcoGraf firmographics
Firmographics- Name
- EcoGraf
- Legal name
- EcoGraf Limited
- Website
- https://www.ecograf.com.au/
- Company type
- Public
- Founded year
- 2005
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
EcoGraf industry classification
Industry- Product category
- Battery Anode Materials
- NAICS
- Carbon and Graphite Product Manufacturing (335991), Battery Manufacturing (33591)
- SIC
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400), Abrasive, Asbestos & Misc Nonmetallic Mineral Prods (3290)
- akta.pro primary industry
- Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)
- akta.pro secondary industries
- Natural Graphite Mining & Concentrates (IMAKAFAD), Anode Materials Manufacturing (Graphite, Silicon, LTO) (EUAFABAC), Battery Materials Refining & Re-Manufacturing Feedstocks (Li, Ni, Co, Mn, Graphite Salts) (EUAIAIAJ), Battery Recycling & Materials Recovery (Li-ion, LFP, Flow, Lead-Acid) (EUAMALAE)
Keywords
Where EcoGraf is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices1 record
Markets served
EcoGraf business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Supply Chain, Technology or R&D, Personnel, Infrastructure
Revenue model
- Natural Flake Graphite Sales: Mining and sale of natural flake graphite products from the Epanko project in Tanzania. Products include TanzGraphite Jumbo (+50 Mesh), TanzGraphite Large (+80 Mesh), TanzGraphite Flake (+100 Mesh), and TanzGraphite Fines (-100 Mesh) for refractory, foundry, and industrial applications.
- Battery Anode Material Sales: Downstream sales of purified spherical graphite (SpG) and coated battery anode materials (hdBAM, superBAM) to lithium-ion battery manufacturers, EV makers, and anode producers. Revenue generated from sale of processed graphite meeting strict chemical and physical specifications for battery applications.
- By-product Revenue (Tailings): Potential revenue from processing approximately 0.9 million tonnes of annual mine tailings into low-carbon construction products through partnerships with Betolar and GTK, transforming environmental liabilities into revenue-generating assets.
- GreenRECARB Sales: Sales of pelleted graphite fines (GreenRECARB™) as recarburiser additives for steel manufacturing, green steel production, and foundry/EAF furnace industries. Product offers low levels of sulphur and nitrogen with high carbon absorption efficiency.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Unit Pricing | Multi-year contract | Natural Flake Graphite Product Line |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
EcoGraf product offering
Product offeringCore offering
EcoGraf produces high-purity graphite products for the global lithium-ion battery market through a vertically integrated business spanning upstream natural flake graphite mining at the Epanko project in Tanzania, midstream mechanical shaping into spherical graphite, and downstream purification using its proprietary EcoGraf HFfree® (hydrofluoric acid-free) technology to manufacture battery anode materials at ≥99.95% carbon purity. The company also produces natural flake graphite (TanzGraphite brand) for industrial applications and GreenRECARB™ recarburiser for the steel industry.
Product overview
EcoGraf is a vertically integrated battery materials company building a business from Tanzanian graphite mining through to downstream battery anode material production. The core offering spans three integrated business streams: Upstream (Epanko Graphite Project – mining and mineral processing producing natural flake graphite under the TanzGraphite brand: Jumbo, Large, Flake, and Fines grades); Midstream (Mechanical Shaping Facility – converting flake graphite to spherical graphite for battery applications using Ifakara, Tanzania's low-CO2 hydropower); and Downstream (HFfree® Purification Technology and Battery Anode Material – proprietary hydrofluoric acid-free purification producing >99.95% purity spherical graphite for lithium-ion batteries). Supporting products include RecoBAM (recycled anode material from production scrap), GreenRECARB™ (recarburiser additive for steel manufacturing), and the Product Qualification Facility in Perth. The company also holds the Golden Frontier gold exploration portfolio in Tanzania. All operations are developed in accordance with International Finance Corporation (IFC) Performance Standards and Equator Principles, with ESG credentials supporting global clean energy transition.
Differentiator
Problem solved
Functional benefit
Brands
- TanzGraphite: Brand for natural flake graphite products including TanzGraphite Jumbo (+50 Mesh), TanzGraphite Large (+80 Mesh), TanzGraphite Flake (+100 Mesh), and TanzGraphite Fines (-100 Mesh) for industrial applications
- EcoGraf HFfree
- GreenRECARB
- hdBAM
- superBAM
- RecoBAM
- Golden Frontier
Products and services
- EcoGraf HFfree® Purification Technology Proprietary hydrofluoric acid-free (HF-free) purification process that produces high-purity graphite (>99.95% carbon purity) for lithium-ion battery anodes without using harmful hydrofluoric acid. The multi-step chemical purification method removes impurities while preserving physical and electrochemical properties required for battery anode materials, offering approximately 34% lower processing costs versus conventional HF-based methods.
- TanzGraphite Jumbo (+50 Mesh) Natural crystalline flake graphite +50 Mesh (+300μm) from the Epanko project in Tanzania. High crystallinity with high degree of graphitization for premium refractory materials and advanced manufacturing applications, featuring expansion rate up to 30% higher than current market supply.
- TanzGraphite Large (+80 Mesh) Natural crystalline flake graphite +80 Mesh (+180μm) from the Epanko project, suitable for refractory applications, cast and grey cast steel foundry/EAF furnace uses, and industrial graphite applications requiring high-quality large flake graphite.
- TanzGraphite Flake (+100 Mesh) Natural crystalline flake graphite +100 Mesh (+150μm) from the Epanko project, a versatile flake graphite product for various industrial applications including advanced manufacturing processes.
- TanzGraphite Fines (-100 Mesh) Natural crystalline flake graphite -100 Mesh (-150μm) from the Epanko project, used as feedstock for mechanical shaping into spherical graphite (SpG) for battery anode material production or for GreenRECARB recarburiser products.
- GreenRECARB™ Pelletised graphite fines recarburiser additive for steel manufacturing, green steel production, and foundry/EAF furnace industries. Features low levels of sulphur and nitrogen with high carbon absorption efficiency and high electrical and thermal conductivity.
- RecoBAM Recycled battery anode material product under development that takes production scrap from anode cell and battery manufacturing, applies the HFfree® purification processing technology, and blends that material with existing battery anode material to promote circular economy and sustainable raw materials.
- Epanko Graphite Project Flagship mining and mineral processing project located approximately 370km from Dar es Salaam in Tanzania. Africa's largest graphite resource with 290.8Mt mineral resource. Phase 1 production of 73,000 tonnes per annum of natural flake graphite concentrate, expandable to over 300,000 tonnes per annum, with life of mine exceeding 40 years.
- Midstream Mechanical Shaping Facility (Ifakara) Mechanical micronisation and spheronisation facility in Tanzania that converts natural flake graphite concentrate into spherical graphite (SpG) for battery anode material. Uses cost-effective, low-CO2 hydropower at the Ifakara location.
- Product Qualification Facility (PQF) Purification facility in Perth, Australia that validates the HFfree® purification process for commercial production. Provides product samples for potential customer evaluation and supports financing processes for commercial-scale plants.
Quantifiable outcome
- 34% lower operating and capital costs per tonne vs. alternative purification methods
- +6 more outcomes
Companies that use EcoGraf
Customer profileNamed customers3 records
Segments4 records
Ideal customer profiles3 records
EcoGraf technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature5 records
EcoGraf partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- Mitsubishi Chemical CorporationcoreNon-binding MOU for supply, qualification, and potential long-term commercialization of natural flake graphite and spherical graphite (up to 10,000 tpa SpG or ~16,500 tpa flake) for MCC's battery anode operations. Supports EcoGraf's vertically integrated strategy from Epanko through mechanical shaping and HFfree purification, with potential purification facility in Japan aligned with MCC's Kagawa plant.
- Long Time Technology (LTT)coreNon-binding MOU to collaborate on developing HFfree purification technology for battery anodes in Taiwan and Southeast Asia. LTT will integrate HFfree into its anode supply chains, evaluate EcoGraf's natural graphite anode products for ex-China battery facility supply chain, and explore offtake and investment opportunities. Discussions include potential joint venture structures for purification facilities with access to Tier 1 OEMs including Foxconn supply chain.
- Betolar PlcminorStrategic collaboration with Geological Survey of Finland (GTK) and EcoGraf to assess usability of mine tailings from Epanko graphite project using Betolar's metal extraction technology. Partnership formalized at Mining Indaba 2026 to evaluate processing of approximately 0.9 million tonnes of annual tailings, achieving up to 99% recovery rates for critical and strategic metals while producing low-carbon circular cement using Geoprime® technology.
- Geological Survey of Finland (GTK)minorPartnership with Betolar and EcoGraf to explore converting Epanko mine tailings into low-carbon building products. GTK brings technical expertise in mineral processing and circular economy solutions. Collaboration aligned with EU and Finnish circular economy objectives with parties intending to jointly seek funding for further technical, commercial, and environmental studies.
- AngloGold Ashanti Holdings plcminorUS$9.0 million farm-in agreement for Golden Eagle Gold Project in Tanzania. AngloGold Ashanti to fund exploration activities with A$491.6k already received including reimbursed exploration costs. Project located on eastern margin of Lake Victoria Goldfields along same structural corridor as historic Golden Pride gold mine.
- NMB Bank PLCminorAppointed to handle compensation payments for affected communities near the planned mine access road at Epanko graphite project. Part of the Resettlement Action Plan implementation and community engagement process conforming to International Finance Corporation (IFC) Performance Standards.
Scale indicators10 records
Recent moves11 records
Expansion highlights7 records
EcoGraf competitors and assessment
Company assessmentDirect peers
- Syrah Resources: Australia-listed natural graphite miner and integrated anode-material producer operating the Balama mine in Mozambique (geographic neighbour to EcoGraf's Tanzanian Epanko asset) and the Vidalia purification facility in Louisiana. Closest direct competitor in ex-China natural graphite-to-battery-anode integration.
- Graphite One: US-listed (TSXV / OTCQB) developer of the Graphite Creek deposit in Alaska and a planned advanced graphite materials manufacturing plant in Ohio. Direct US-focused competitor with similar ex-China, IRA-aligned strategy.
- Westwater Resources: US-listed developer of the Coosa graphite project in Alabama and a planned downstream purification facility. Direct competitor in the US ex-China graphite anode supply chain with similar IRA-aligned positioning.
- Northern Graphite: Canadian natural graphite producer (Lac-des-Îles) and developer of the Baie-Comeau battery anode material facility. Competes with EcoGraf for OEM qualification into North American and European lithium-ion battery supply chains.
- Magnis Energy Technologies: ASX-listed company developing the Nachu graphite project in Tanzania — same Tanzanian graphite belt as Epanko — with downstream battery anode material ambitions. Directly comparable upstream geography and similar downstream go-to-market.
- Talga Group: ASX-listed developer of the Vittangi natural graphite project in Sweden with a planned Luleå anode-material refinery. Direct competitor in vertical integration of natural graphite into coated spherical graphite for European EV OEMs.
- Renascor Resources: ASX-listed developer of the Siviour graphite project in South Australia and a planned Battery Anode Material (BAM) facility. Competes with EcoGraf for ex-China graphite qualification and supply to Asian/European battery makers.
- Nouveau Monde Graphite: Quebec-based vertically integrated natural graphite developer with the Matawinie mine and Bécancour anode-material purification facility under construction. Competes head-to-head with EcoGraf for IRA-aligned North American battery OEM qualification.
- Battery Minerals: ASX-listed developer of the Montepuez graphite project in Mozambique — directly adjacent to Tanzania — also targeting the ex-China lithium-ion battery market with natural flake and spherical graphite products.
Emerging players
- Vianode: Norway-based emerging synthetic graphite anode materials producer backed by Elkem. Competes with EcoGraf in the advanced anode materials space but via synthetic rather than natural graphite; relevant benchmark for downstream qualification and OEM offtake dynamics.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
EcoGraf social profiles
Digital presenceEcoGraf financial estimates
Financial estimateRevenue estimate
Valuation estimate
EcoGraf leadership team
Management profileNumber of profiles
Profiles10 records
EcoGraf subsidiaries and ownership
Company hierarchySubsidiaries2 records
EcoGraf funding detail
Funding detailFunding overview
Funding rounds2 records
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
EcoGraf M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about EcoGraf
What does EcoGraf do?
EcoGraf produces high-purity graphite products for the global lithium-ion battery market through a vertically integrated business spanning upstream natural flake graphite mining at the Epanko project in Tanzania, midstream mechanical shaping into spherical graphite, and downstream purification using its proprietary EcoGraf HFfree® (hydrofluoric acid-free) technology to manufacture battery anode materials at ≥99.95% carbon purity. The company also produces natural flake graphite (TanzGraphite brand) for industrial applications and GreenRECARB™ recarburiser for the steel industry.
Is EcoGraf a public or private company?
EcoGraf is a public company. It is classified as public and is currently operating.
When was EcoGraf founded?
EcoGraf was founded in 2005. It employs 11 to 50 people.
Where is EcoGraf based?
EcoGraf is headquartered in Perth, Australia, in the Oceania region.
How does EcoGraf make money?
Four revenue lines are on record. Natural Flake Graphite Sales are the primary driver. The others are battery Anode Material Sales, by-product Revenue (Tailings) and greenRECARB Sales.
Who are EcoGraf's main competitors?
Direct peers on record are Syrah Resources, Graphite One, Westwater Resources, Northern Graphite, Magnis Energy Technologies, Talga Group, Renascor Resources, Nouveau Monde Graphite and Battery Minerals. Vianode is listed as an emerging player.
Does EcoGraf have an API?
No public API is recorded for EcoGraf.
What industry is EcoGraf in?
EcoGraf's product category is Battery Anode Materials. Its primary akta.pro industry code is EUAFABAA, Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite), with a secondary code of IMAKAFAD, Natural Graphite Mining & Concentrates. Its NAICS code is 335991 and its SIC code is 1400.