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The latest update is out from International Graphite Limited ( (AU:IG6) ).
International Graphite has made significant advancements in its operations, including securing a $4.5M agreement with the WA Government for the construction of Australia’s first commercial graphite micronising plant in Collie. The company has completed critical milestones with mining leases granted at Springdale and evidence from drilling indicating high-grade graphite mineralisation. Additionally, the company received further grants to expedite integration between Springdale and Collie, bolstering its position as a leader in graphite production for battery markets.
More about International Graphite Limited
International Graphite is pioneering Western Australia’s first fully integrated supply chain for graphite products, targeting global industrial and battery markets. The company owns the Springdale Graphite Project and the Collie Graphite Processing and R&D Facility, aiming to establish comprehensive downstream graphite processing.
YTD Price Performance: 16.00%
Average Trading Volume: 212,955
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$11.23M
Learn more about IG6 stock on TipRanks’ Stock Analysis page.
