An announcement from EcoGraf ( (AU:EGR) ) is now available.
EcoGraf Limited has successfully completed a comprehensive environmental and social program for its Epanko Graphite Project in Tanzania, aligning with leading ESG standards. This milestone is crucial for the project’s financing and development, as it meets the Equator Principles and other international guidelines. The completion follows the recent granting of a Special Mining Licence, supporting an initial mine life of 18 years with potential extensions. The program included biodiversity surveys, water management systems, and a conceptual mine closure plan, ensuring sustainable development and no impediments to the project’s progress.
More about EcoGraf
EcoGraf Limited operates in the mining industry, focusing on the development of graphite projects. The company is primarily engaged in the exploration and production of graphite, with a significant project located in Tanzania. EcoGraf is committed to adhering to high environmental, social, and governance (ESG) standards in its operations.
YTD Price Performance: 76.00%
Average Trading Volume: 168,086
Technical Sentiment Consensus Rating: Sell
Current Market Cap: €40.79M
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