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International Graphite Limited ( (AU:IG6) ) has shared an update.
International Graphite Limited is advancing its graphite processing business by constructing a micronising facility in Collie, Western Australia, with plans to expand and potentially double its revenue. The company is also exploring opportunities to establish new facilities in Europe and the US, leveraging its intellectual property and potential funding opportunities, while the US government acknowledges the strategic importance of graphite, indicating potential support for the company’s expansion plans.
More about International Graphite Limited
International Graphite is an emerging supplier of processed graphite products, including active anode materials for lithium-ion batteries in electric vehicles, defense applications, and global energy transformation. The company is developing a mine-to-market capability with mining and graphite concentrate production from its 100% owned Springdale Graphite Project and downstream processing at Collie, both in Western Australia. It is building on Australia’s reputation for technical excellence and outstanding ESG performance to provide secure and reliable graphite supply for growing markets in the US, Europe, and Asia.
Average Trading Volume: 182,654
Technical Sentiment Signal: Hold
Current Market Cap: A$11.03M
Find detailed analytics on IG6 stock on TipRanks’ Stock Analysis page.