on Kibaran Resources Limited (ETR:AU000000)
KfW IPEX-Bank Secures Financing for EcoGraf's Epanko Project
EcoGraf Limited has announced the completion of key technical documents required for the Independent Engineers’ Report (IER) to secure debt financing for its Epanko graphite project. An initial IER report has been submitted to KfW IPEX-bank, following a detailed technical due diligence program. This is crucial for obtaining a US$105 million loan under the German Untied Loan Guarantee scheme.
The completion of the IER aligns with the company's environmental and social standards, positioning them for the appointment of an Independent Expert. This will aid negotiations for a binding offer, expected to finalize in Q1 2026. KfW IPEX-Bank supports EcoGraf in using sustainable development approaches, aligning with both economic growth and environmental standards.
EcoGraf is exploring additional development financing opportunities with KfW Group to further support its projects. The Epanko Project is central to EcoGraf's strategy to supply graphite products to the German industry and global markets, focusing on sustainable development and low-carbon solutions.
R. H.
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