Falcon Energy Materials PlcTSXV: FLCN

Falcon Energy Materials PLC Opens Its Pilot Plant In Morocco

· Issued by Falcon Energy Materials Plc

ABU DHABI, UNITED ARAB EMIRATES - July 9, 2026 (NEWMEDIAWIRE) - Falcon Energy Materials plc (TSX-V: FLCN) (OTCQB: FLCNF) ("Falcon" or the "Company") is pleased to announce the opening of its pilot plant (the "Pilot Plant") near Casablanca, Morocco, a significant operational milestone in Falcon's development of large-scale production of high-purity coated spheronized purified graphite ("CSPG") for the global battery industry.

Following the relocation of the fully assembled and pre-commissioned process line, the Pilot Plant has been installed in Morocco. The Pilot Plant will produce qualification-scale CSPG samples for potential customers and generate operating data, workforce training and process design criteria required to advance Falcon's proposed 25,000 tonnes per annum ("tpa") commercial-scale anode facility (the "Anode Plant").

HIGHLIGHTS

  • Pilot Plant officially opened near Casablanca, Morocco, representing the first natural graphite CSPG pilot facility in Morocco;

  • Commissioning of the process line is underway following successful relocation and installation of the full process line;

  • Qualification-scale CSPG samples will be produced on site in the summer of 2026 for potential customers, supporting the sample qualification programs previously announced;

  • The Pilot Plant will generate operating and process design data and support workforce training for the proposed commercial-scale 25,000 tpa Anode Plant.

A Critical Scale-Up Towards Commercial Production

The Pilot Plant represents a significant scale-up from laboratory and bench-scale testing and is an important step in supporting customer qualification programs and advancing the development of the proposed commercial-scale Anode Plant. Operating the facility provides Falcon with the opportunity to optimize key aspects of the CSPG production process and establish detailed process design criteria that are expected to support the engineering of the Anode Plant and future commercial discussions with prospective customers.

Beyond producing qualification material, the Pilot Plant provides an important training platform for plant operators in preparation for commercial production. The training programs and operating procedures being implemented at the Pilot Plant are expected to be transferable to the Anode Plant and may support a more efficient ramp-up of future operations.

CSPG Samples for Potential Customers

With the Pilot Plant now operational in Morocco, Falcon is preparing qualification-scale CSPG samples from premium natural graphite feedstock sourced from Africa for evaluation by potential customers, including original equipment manufacturers (OEMs) and battery producers. The facility enables the Company to produce material tailored to customer specifications and support the large-scale qualification programs already initiated by prospective customers.

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