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International Graphite Limited ( (AU:IG6) ) has shared an update.
International Graphite Limited has made significant progress in establishing Australia’s first commercial graphite micronising facility in Collie, Western Australia. The company has secured a land acquisition deal and submitted necessary development and power applications, aiming to produce up to 7,500 tonnes of micronised graphite annually. This development is expected to enhance the company’s market position by providing a reliable local supply of graphite, addressing the needs of Australian manufacturers and consumers amid global supply challenges.
More about International Graphite Limited
International Graphite Limited is a company focused on the graphite industry, primarily engaged in the development of graphite micronising facilities. The company aims to be a leading provider of industrial graphite products, catering to the growing demand for local supply in Australia amidst global supply uncertainties.
Average Trading Volume: 759,730
Technical Sentiment Signal: Buy
Current Market Cap: A$18.09M
For a thorough assessment of IG6 stock, go to TipRanks’ Stock Analysis page.