PEA Positive Results For The Lolo Graphite Project

ABU DHABI, UNITED ARAB EMIRATES - Falcon Energy Materials plc reported on the Preliminary Economic Assessment (PEA) for the integrated development plan (IDP), consisting of the Lola Graphite Project (the “Mine) in the Republic of Guinea and a natural graphite spheroidization, purification and coating plant (the “Anode Plant”) in the Kingdom of Morocco. The PEA showcases the financial and operational potential of Falcon’s vision to become a vertically integrated producer of coated, spheroidized and purified graphite (CSPG) anode material at industry leading operating costs.

Matthieu Bos, Chief Executive Officer, said, “The robust PEA results affirm Falcon’s strategic vision and dedication to closing critical gaps in the battery materials supply chain. We’re poised to advance as a key, vertically integrated, CSPG supplier to Western markets, ensuring a reliable source of high-quality, sustainable battery materials.’’