• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer

Fat Tail Daily

Investment Ideas From the Edge of the Bell Curve

  • Menu
    • Commodities
      • Resources and Mining
      • Copper
      • Gold
      • Iron Ore
      • Lithium
      • Silver
      • Graphite
      • Rare Earths
    • Technology
      • AI
      • Bitcoin
      • Cryptocurrency
      • Energy
      • Financial Technology
      • Bio Technology
    • Market Analysis
      • Latest ASX News
      • Dividend Shares
      • ETFs
      • Stocks and Bonds
    • Macro
      • Australian Economy
      • Central Banks
      • World Markets
    • Small Caps
    • More
      • Investment Guides
      • Premium Research
      • Editors
      • About
      • Contact Us
  • Latest
  • Fat Tail Series
  • About Us
Market Analysis Latest ASX News

Ecograf Share Price up on Successful Recycled Battery Anode Test (ASX:EGR)

Like 0

By Lachlann Tierney, Tuesday, 27 July 2021

The EcoGraf [ASX:EGR] share price rose 5.8% in early trade after EGR’s successful purification of a lithium-ion anode cell scrap sample.

The EcoGraf Ltd [ASX:EGR] share price rose 5.8% in early trade after EGR’s successful purification of a lithium-ion anode cell scrap sample.

EcoGraf called the result a ‘significant achievement,’ with the purification process upgrading the test material to 99.98% carbon.

The hot interest in stocks operating in the lithium-ion battery supply chain propelled EGR shares 300% year-to-date.

ASX EGR - Ecograf Share Price ChartSource: Tradingview.com

Battery cell performance tests underway

Battery anode materials company EcoGraf announced positive results for its patented purification process today.

The purification test was conducted on a lithium-ion anode cell scrap sample from SungEel HiTech (SungEel).

As we reported earlier this year, EcoGraf and SungEel agreed to collaborate on battery recycling in SungEel’s European and South Korean recycling plants.

The collaboration will allow SungEel to use a tailored EcoGraf recycling process across its plants.

According to EcoGraf, today’s announced result is a ‘significant achievement’ as the purifying upgraded the material to 99.98% carbon, reducing impurities to ‘minimal levels whilst retaining the original physical characteristics.’

Importantly, the company said the results were in line with major lithium-ion battery manufacturer specifications.

What are the next steps for the EcoGraf Share Price?

SungEel will now send the purified sample for further battery cell tests to assess the potential to recycle such material back into the supply chain.

EcoGraf is hopeful, describing the sample material as a ‘high value finished product.’

Not only that, EGR believes the recycling and recovery demonstrated by the test purification can provide ‘significant benefits to battery manufacturers, including lowering of battery unit costs and a reduction in carbon emissions.’

A reduction of environmental impact is a trending topic for the lithium-ion battery industry right now.

As we reported last week, Piedmont Lithium Inc [ASX:PLL] is encountering problems from local residents worried about the environmental impact on its community from PLL’s proposed mine and processing plant.

EGR ASX Outlook

Today’s news puts EcoGraf closer to its goal of operating a battery recycling program that can help it secure a piece of the whole battery supply chain — from mine to battery parts to end-of-life recycling.

That said, while today’s successful purification test validates EGR’s technology, the company is yet to record any receipts from customers.

So today’s news may prompt investors to look ahead to how EcoGraf can commercialise its technology.

How long will it take for EGR to start generating cash from its operations? And does it have enough money in the meantime?

Regarding the last question, EcoGraf doesn’t have too much to worry about.

The company ended the March quarter with $52.4 million in cash and cash equivalents after reporting net cash losses from operating activities totalling $806,000.

So it’s cash burn is manageable given its cash reserves and its key technology is yielding positive test results.

The key now for investors is seeing how EcoGraf can ramp-up and scale this technology.

If you’re interested in renewable energy, check out our free report — ‘Renewables Revolution’ — where we show you how to take advantage of the renewables boom. The report is free to access right now, here.

If you’re interested in lithium stocks specifically, we’ve got you covered too. Here’s our free lithium report revealing three stocks that could benefit on the back of renewed demand for lithium in 2021.

Regards,

Lachlann Tierney,

For Money Morning

PS: In this new report, Money Morning’s Ryan Dinse reveals why he is convinced that lithium is going to rebound in 2021. Get the FREE Report

All advice is general advice and has not taken into account your personal circumstances.

Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

Lachlann Tierney

Lachlann’s Premium Subscriptions

Publication logo
Fat Tail Investment Research

Latest Articles

  • The first place to look thanks to the US/China truce
    By Callum Newman

    My colleague Greg Canavan, a true contrarian, is positioning in a spread of energy companies to take advantage of the very investor disinterest and lack of supply growth I just described. We know, too, that one of Warren Buffett’s last moves was to load up on American energy. Personally, I prefer something more durable and permanent…

  • The trade war is over. Tax cut chaos is next.
    By Nick Hubble

    Trump isn’t just imposing tariffs. He also wants to cut taxes. If the tariff tantrum gave us a taste for how he’ll go negotiate, hold on tight!

  • The Untold Tariff Story
    By Callum Newman

    The real tariff story isn't what you're reading in the headlines. It's not about short-term market volatility or quarterly earnings impacts. The true story – and the massive investment opportunity – is about the fundamental restructuring of American manufacturing that's now underway. Trump's tariffs are accelerating AI adoption in American industry. Today, I want to show you the companies that are emerging as the backbone of this transformation.

Primary Sidebar

Latest Articles

  • The first place to look thanks to the US/China truce
  • The trade war is over. Tax cut chaos is next.
  • The Untold Tariff Story
  • The Big Payday: Chasing Profits in Risky Places
  • China’s plan to pop the AI bubble and sink Mag7 for good

Footer

Fat Tail Daily Logo
YouTube
Facebook
x (formally twitter)
LinkedIn

About

Investment ideas from the edge of the bell curve.

Go beyond conventional investing strategies with unique ideas and actionable opportunities. Our expert editors deliver conviction-led insights to guide your financial journey.

Quick Links

Subscribe

About

FAQ

Terms and Conditions

Financial Services Guide

Privacy Policy

Get in Touch

Contact Us

Email: support@fattail.com.au

Phone: 1300 667 481

All advice is general in nature and has not taken into account your personal circumstances. Please seek independent financial advice regarding your own situation, or if in doubt about the suitability of an investment.

The value of any investment and the income derived from it can go down as well as up. Never invest more than you can afford to lose and keep in mind the ultimate risk is that you can lose whatever you’ve invested. While useful for detecting patterns, the past is not a guide to future performance. Some figures contained in our reports are forecasts and may not be a reliable indicator of future results. Any actual or potential gains in these reports may not include taxes, brokerage commissions, or associated fees.

Fat Tail Logo

Fat Tail Daily is brought to you by the team at Fat Tail Investment Research

Copyright © 2025 Fat Tail Daily | ACN: 117 765 009 / ABN: 33 117 765 009 / ASFL: 323 988