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International Graphite Limited ( (AU:IG6) ) has shared an announcement.
International Graphite Limited has signed a non-binding letter of intent with Alkeemia S.p.A for graphite purification tolling services. This partnership allows International Graphite to access up to 50% of Alkeemia’s initial processing capacity at their new Industrial Graphite Purification Plant, which is set to begin operations in early 2026. This collaboration is expected to significantly reduce capital expenditure and operational risks for International Graphite as it scales its operations. Alkeemia plans to expand its purification capacity to 20,000 t/y by 2030, and both companies are exploring further integration to enhance capital and operating efficiencies.
More about International Graphite Limited
International Graphite Limited is a company involved in the graphite industry, focusing on developing a leading position in the western graphite supply chain. The company is engaged in producing high-purity graphite, which is essential for creating higher value micronised and expandable graphite products, particularly for anode supply.
Average Trading Volume: 679,724
Technical Sentiment Signal: Sell
Current Market Cap: A$12.4M
For a thorough assessment of IG6 stock, go to TipRanks’ Stock Analysis page.