International Graphite Limited (AU:IG6) has released an update.
Claim 55% Off TipRanks
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Discover top-performing stock ideas and upgrade to a portfolio of market leaders with Smart Investor Picks
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.