Falcon Energy Materials Advances Pilot Plant Construction as Three Customers Begin Graphite Qualification

Falcon Energy Materials plc has reached significant milestones in developing its pilot plant for coated spherical purified graphite production at Jorf Lasfar, Morocco, with three potential customers now evaluating sample batches as the facility remains on track for Q4 2025 commissioning. The pilot plant represents a strategic initiative to establish large-scale CSPG production capacity outside China, addressing growing demand from the global battery industry for diversified supply chains.

Civil construction works are progressing under Open Steel Structure Maroc S.A.R.L, the Moroccan subsidiary of Open Building Systems of China, with fabrication of structural steel completed and delivery to site scheduled for late October. All major processing equipment has been installed at Hensen Graphite & Carbon Corporation in China, with shipment to Morocco expected in November 2025. The pilot plant's development within Fluoralpha S.A.'s industrial complex at Jorf Lasfar provides access to world-class port infrastructure, competitive operating costs, and proximity to European and North American markets.

First CSPG samples have been produced in China, with 50kg sample batches currently under evaluation by three major potential customers. The pilot plant has been fully commissioned and tested at Hensen's facility to ensure optimized performance before shipment. Two distinct specifications tailored to customer requirements have been produced, with Falcon expecting to operate the pilot plant throughout October 2025 ahead of final commissioning in Morocco.

This development marks a crucial step toward securing long-term offtake agreements for Falcon's proposed 25,000 tonnes per annum commercial scale anode facility. The company's integrated business model aims to create a mine-to-market active anode material producer, combining a high-purity graphite production mine in Guinea with a CSPG conversion facility in Morocco. For additional information about the company's progress, visit https://www.falconem.net.

Matthieu Bos, CEO of Falcon, stated that the pilot plant represents a pivotal milestone not just in producing CSPG samples but in advancing toward establishing a major anode production facility outside China. The strategic partnerships with Hensen and Fluoralpha signify the development of a comprehensive, resilient industrial value chain designed to lead the global battery market for decades. The company is actively testing several high-quality graphite sources to ensure scalable, reliable supply for growing operations, leveraging Morocco's strategic advantages including attractive operating costs and proximity to European end-markets.