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Elcora Advanced Materials Launches Production Strategy In Tanzania
HALIFAX, Nova Scotia, Oct. 19, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the "Company" or "Elcora")
About this update from Elcora Advanced Materials Corp.
[{"type":"text","content":" HALIFAX, Nova Scotia, Oct. 19, 2021 (GLOBE NEWSWIRE) -- ELCORA ADVANCED MATERIALS CORP. (TSX.V:ERA | Frankfurt:ELM | OTCQB – ECORF), (the \"Company\" or \"Elcora\"), is pleased to announce that it has engaged Lab 4 Inc. to develop and bring into production the company’s graphite mineral project in Tanzania. Lab 4 Inc. has more than 30 years of experience in the graphite space and will provide Elcora with graphite industry strategies, 43-101, Preliminary Economic Analysis and pre-feasibility analysis, circuit design, detailed engineering, control systems assistance in fabrication, commissioning and operation of graphite beneficiation plants. This extensive collaboration will bring the Tanzanian Minerals project into full production. Lab 4 Inc., also, has extensive knowledge in the processing and purification of other energy storage-related materials including lithium, manganese, nickel, copper and cobalt. Commented Troy Grant, CEO, “We are thrilled to collaborate with Lab 4 which will help put us on the fast track to production. We see a growing demand for graphite and other battery materials and working together under this approach will help bring our vision to life.” About Elcora Advanced Materials Corp. Elcora was founded in 2011 and has been structured to become a vertically integrated battery material company. Elcora can process, refine, and produce both graphite & graphene as well as other material and ore. As part of the vertical integration strategy Elcora has developed a cost-effective process to make high-quality graphite, graphite products and graphene that are commercially scalable. This combination means that Elcora has the tools and resources for graphite and graphene vertical integration. For further information please visit the company's website at: http://www.elcoracorp.com For further information please contact: Troy Grant, Director, President & CEO, Elcora Advanced Materials Corp., T: +1 902 802-8847 Lab 4 Inc. https://lab4inc.com/ CAUTIONARY STATEMENT The TSX Venture Exchange does not accept responsibility for the adequacy or accuracy of this release. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. No stock Exchan...