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The latest announcement is out from International Graphite Limited ( (AU:IG6) ).
International Graphite Limited has secured a $2 million grant from the Western Australian Government as part of the Collie Industrial Transition Fund, completing the $6.5 million funding announced in April 2024. This financing will support feasibility studies for producing battery anode materials in Collie, providing financial certainty for the company’s strategic projects and potentially enhancing its industry position in critical minerals and downstream processing.
More about International Graphite Limited
International Graphite Limited is a company in the mining and materials sector, focusing on the production of battery anode materials and graphite products. It is engaged in activities such as metallurgical testwork, flowsheet development, and plant design to produce mine-to-market battery materials in Western Australia.
YTD Price Performance: 16.00%
Average Trading Volume: 212,955
Technical Sentiment Consensus Rating: Hold
Current Market Cap: A$11.23M
For an in-depth examination of IG6 stock, go to TipRanks’ Stock Analysis page.
