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International Graphite Limited ( (AU:IG6) ) just unveiled an update.
International Graphite Limited has announced significant advancements in its operations, including the commencement of construction activities for its Collie Micronising Facility and achieving ISO:9001:2015 certification. The company is also exploring a potential US site for downstream operations and has secured funding from the US Department of Defense. Additionally, the Western Australian Government has awarded the company $8.5 million to further its downstream and mine-to-market strategy. These developments underscore the strategic importance of International Graphite’s assets and its growing influence in the graphite industry.
More about International Graphite Limited
International Graphite Limited is a company operating in the graphite industry, focusing on the production and development of graphite products. The company is engaged in downstream operations in Western Australia and Europe, with plans to expand to the US. It is also involved in joint ventures for expandable graphite plants and is working on a mine-to-market strategy.
Average Trading Volume: 606,748
Technical Sentiment Signal: Buy
Current Market Cap: A$18.68M
For a thorough assessment of IG6 stock, go to TipRanks’ Stock Analysis page.