Elcora Advanced Materials Launches Production Strategy In Tanzania
October 19 2021 - 8:00AM
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 Exchange, securities commission
or other regulatory authority has approved or disapproved the
information contained herein. This News Release includes certain
“forward-looking statements”. All statements other than statements
of historical fact, included in this release, including, without
limitation, statements regarding potential mineralization and
reserves, exploration results, and future plans and objectives of
Elcora, are forward-looking statements that involve various risks
and uncertainties. There can be no assurance that such statements
will prove to be accurate and actual results and future events
could differ materially from those anticipated in such statements.
Important factors that could cause actual results to differ
materially from Elcora’s expectations are exploration risks
detailed herein and from time to time in the filings made by Elcora
with securities regulators.
Investors are cautioned that, except as
disclosed in the filing statement prepared in connection with the
transaction, any information released or received with respect to
the transaction may not be accurate or complete and should not be
relied upon.
Elcora Advanced Materials (TSXV:ERA)
Historical Stock Chart
From Dec 2024 to Jan 2025
Elcora Advanced Materials (TSXV:ERA)
Historical Stock Chart
From Jan 2024 to Jan 2025