Australian (ASX) Stock Market Forum

IG6 - International Graphite

must be an election soon.
.

New $4.0M WA Government grant
to propel Springdale and Collie battery graphite integration

HIGHLIGHTS
- $4.0M grant - new, not previously announced - awarded by the Western Australian Government Investment Attraction Fund.
- Funding supports commercialisation and integration activities for the Springdale─Collie mine to market battery graphite supply strategy.

Key activities include:
- Bulk extraction of ore from Springdale for downstream process design and customer offtake assessment.
- Installation of Australia’s first graphite spheroidiser at the Collie Graphite Processing and R&D Facility.
- Brings total Australian State and Federal Government support to date to $17.2 million with $12.2 million remaining to be drawn.

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QUARTERLYACTIVITIESREPORTMarch 2025New US Government tariff and trade policies focus on securing critical minerals supply highlighting theimportance of the Springdale Graphite Project and downstream graphite processing initiatives.Australian Prime Minister announces plans to establish a $1.2 billion fund for offtake ofAustralian critical minerals if re-elected. Mr Albanese visited the Collie GraphiteProcessing and R&D Facility in 2024.Collie Micronising Facility FEED study confirms viability of the planned ~4,000 t/yprocessing facility and expansion.Springdale and downstream processing feasibility studies continue.Visit by Marubeni Corporation representatives pursuant to a non-binding MoU for thepotential supply of spheroidised graphite from Springdale and provision of financialsupport to develop the Company’s projects.Purification testwork on Springdale graphite concentrates exceeds minimumspecifications for active / battery anode materials.Financial Assistance Agreements signed with the WA Government bringingtotal contracted government support to $17.2 million of which $12.2 millionremains available for Company projects.
 
$0.06

Feedback on U.S. Department of Defense award funding
International Graphite Limited (ASX: IG6) is pleased to advise that it has received positive feedback from the U.S. Department of Defense, through the Defense Industrial Base Consortium on its proposal for up to US$7.5 million in potential feasibility study funding for the Company’s integrated graphite ‘Mine to Market’ strategy.

A white paper proposal “Addressing Shortfalls in the U.S. Graphite Supply Chain and Defense Industrial Base” was submitted by the Company to DIBC pursuant to Open Announcement-24-01-064.

It sought funding of up to US$7.5 million to complete feasibility studies that would seek to confirm the viability of the Springdale Graphite Project and downstream processing facilities. The Company’s mine to market strategy could help the U.S. diversify its graphite supply chains in favour of one of the most stable, secure and reliable jurisdictions in the world – Western Australia.

.... on verra
 
my turn to run
pushing higher.... $0.095 (for a while)

major shareholder Comet Resources Limited has sold 27.5 million shares in International Graphite to investors introduced by International Graphite and its advisors Pamplona Capital Pty Ltd. Comet will apply $1.125 million of the proceeds from the Sell Down in satisfaction of all debts owing from Comet to International Graphite.

International Graphite Managing Director and CEO Mr. Andrew Worland said “We thank the continued wonderful support of many existing shareholders, including our founder and Chairman Mr. Phil Hearse, and welcome new investors to our company.”

and today : Landmark agreement to develop new Expandable Graphite Facility in Europe
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Expandable graphite is created when natural flake graphite is treated with intercalating agents, which are usually acids inserted between the graphite layers
▪ When heated, these intercalated compounds rapidly vaporise, forcing the graphite layers apart and expanding the material by up to 300 times its original volume creating a lightweight, insulating carbon structure.
 
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