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International Graphite Limited ( (AU:IG6) ) has provided an update.
International Graphite Limited is participating in a U.S. Critical Minerals Delegation in Washington D.C. to strengthen its position in the graphite supply chain, particularly as the U.S. seeks to secure its graphite needs due to limited domestic production. The company is developing integrated processing operations in Australia and Germany, with plans to expand to the U.S., aiming to have facilities operational by 2027. These developments are expected to produce 10,000 tonnes of high-value graphite products annually, generating significant revenue and enhancing International Graphite’s market positioning.
More about International Graphite Limited
International Graphite Limited is a company focused on establishing a significant presence in the Western graphite supply chain. They aim to provide a comprehensive range of products, from raw materials to battery anode materials, including micronised, purified, and expandable graphite products.
Average Trading Volume: 321,719
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$9.48M
For an in-depth examination of IG6 stock, go to TipRanks’ Overview page.