Grafintec Oy is a Finnish graphite technology company pursuing a strategy to develop a resource and production base of graphite that can provide security of supply and contribute to Finland’s and Europe`s ambitions of achieving battery manufacturing self-sufficiency, focusing on both natural flake graphite production and a circular economy/recycling strategy to produce graphite anodes for the emerging lithium-ion battery industry.

Extension of Site Reservation in the GigaVaasa Area for Establishing Graphite Anode Materials Plant

Beowulf (AIM: BEM; Spotlight: BEO), and its wholly owned Finnish subsidiary Grafintec Oy (“Grafintec”), are pleased to provide an update for the advance site reservation in the GigaVaasa area for the establishment of the Graphite Anode Materials Plant (“GAMP”).  On 14 February 2024, the …

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Update for the development of Graphite Anode Materials Plant in the GigaVaasa area

Beowulf (AIM: BEM; Spotlight: BEO), and its wholly owned Finnish subsidiary Grafintec Oy (“Grafintec”), are pleased to provide an update for the Graphite Anode Materials Plant (“GAMP”) in the GigaVaasa area. Highlights Updated strategy to fast-track full GAMP process to capture more …

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Natural graphite

Natural graphite is one of the minerals defined critical for the EU economy. It is used for refractory applications, brake pads, carbon brushes for electric motors, foundries, as a dry lubricant, for steel manufacturing and in battery industry, for anode manufacturing. Natural graphite is one of the most common materials used in battery anodes, thanks to its abundance, low cost, long cycle life and conductive properties.

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Infographic: The Shifting Graphite Landscape

Source: Benchmark Mineral Intelligence

Battery production

The electrification of society and battery industry decisions have a significant impact on the extent in which climate targets can be achieved. The National Battery Strategy 2025 presents the means by which Finland can develop into a competitive, competent and sustainable part of the global battery industry. The foundation for all this is to promote sustainable battery production and electrification.

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Standard for Sustainable Exploration

Grafintec Oy has undertaken to adhere to the guidelines of the mineral exploration accountability system, renewed in 2021, where companies have undertaken to adhere policies sustainable for nature, people and economy.

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