Receipt of Research and Development Tax Incentive

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Stock Ecograf Ltd (EGR.ASX)
Release Time 5 Jan 2026, 9:03 a.m.
Price Sensitive Yes
 EcoGraf Receives $1.7M R&D Tax Incentive
Key Points
  • Received $1.7M R&D tax incentive from Australian Taxation Office
  • Funds will bolster cash position as company develops graphite business
  • Submitted proposals for €4M ($7M) grants from European governments
Full Summary

EcoGraf Limited (ASX: EGR) has received a Research and Development tax incentive of $1.7 million from the Australian Taxation Office. The tax incentive relates to eligible R&D costs incurred by the company to develop its EcoGraf HFfree® proprietary purification technology during the financial year ended 30 June 2025. Receipt of the funds will bolster EcoGraf's cash position as it continues to develop its vertically integrated graphite business, which includes the Epanko Graphite Mine in Tanzania, a Mechanical Shaping Facility in Tanzania, and EcoGraf HFfree® Purification Facilities. Additionally, the company has submitted proposals for a grant of approximately €4 million (A$7 million) from European governments. This funding would assist with technical development of its Tanzanian upstream and midstream activities, as well as its proposed downstream development in Europe.