Falcon Confirms Robust Economics in Anode Plant Study with US$86 Million Initial CapEx and First Production Targeted for H2 2027; Offtake and Testing Advancing

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[{"type":"text","content":"Falcon Confirms Robust Economics in Anode Plant Study with US$86 Million Initial CapEx and First Production Targeted for H2 2027; Offtake and Testing Advancing \n\n\n (TheNewswire)\n \n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n\n Abu Dhabi, United Arab Emirates,\nNovember 13, 2025\n \n\n –\n \n\n TheNewswire -\n \n\n Falcon Energy Materials plc\n \n\n (TSX-V: FLCN) (OTCQB:FLCNF) (“\n \n\n Falcon\n \n\n ” or the\n“\n \n\n Company\n \n\n ”) is pleased to announce the\n \n\n positive results from the technical-economic study\n \n\n (“\n \n\n Technical\n \n\n Study\n \n\n ”) for its natural graphite spheroidization, purification\nand coating plant (the “\n \n\n Anode Plant\n \n\n ”) in the Kingdom of Morocco\n(“\n \n\n Morocco\n \n\n ”).\n \n\n\n\n The Technical Study, prepared to the standards of the\nAssociation for the Advancement of Cost Engineering (“\n \n\n AACE\n \n\n ”) Class 3\nlevel of accuracy by Dorfner Anzaplan UK Limited (“\n \n\n Anzaplan\n \n\n ”),\ndemonstrates the strong financial and operational fundamentals of\nFalcon’s vision to become a low-cost producer of coated,\nspheroidized and purified graphite (“\n \n\n CSPG\n \n\n ”) at\nindustrial scale.\n \n\n\n\n HIGHLIGHTS\n \n\n\n\n\n\n Target annual production of\n \n\n 26,000 tonnes of CSPG and 19,000 tonnes of\nfines\n \n\n\n\n\n\n Initial capital costs, including contingency, estimated\nat\n \n\n US$86 million\n \n\n ; and\n \n\n\n\n\n\n Operating costs of\n \n\n US$3,168 per tonne of CSPG\n \n\n\n\n 1\n \n\n\n\n\n\n\n\n Matthieu Bos, Chief Executive\nOfficer of Falcon, commented, “This Technical Study validates our\nvision – it confirms that Falcon’s approach is the most credible\npath to producing high-quality, low-cost CSPG at industrial scale. We\nare now moving decisively to close the critical gaps in the battery\nmaterials supply chain and to deliver essential anode materials to\nWestern manufacturers and end-users through a reliable, compliant and\nqualified source.’’\n \n\n\n\n Leveraging Advanced Technology and\nProcurement\n \n\n\n\n The Anode Plant in Morocco is supported by a strategic\npartnership with a leading CSPG producer (the “\n \n\n Technical Partner\n \n\n ”), wi...

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