International Graphite Limited (AU:IG6) has released an update.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
International Graphite Limited has secured a $4.5 million grant from the Western Australian Government to build Australia’s first commercial graphite micronising facility in Collie. The project will be constructed in two stages, with the initial phase fully funded and expected to produce graphite with high total graphitic content. This development positions the company as a significant player in the global graphite industry, outside of China.
For further insights into AU:IG6 stock, check out TipRanks’ Stock Analysis page.