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The US expects to import most of the natural graphite it needs for battery production over the next two decades and International Graphite aims to be on its preferred list of trusted near-shore suppliers. IG6 headed to the SelectUSA Investment Summit, in Washington DC to wave the flag for Australian graphite in one of the world’s fastest growing battery markets. The summit is the US Government’s biggest investment showcase attracting economic development leaders from 55 states and more than 2,000 business investors from 80 international markets.

Why American batteries need Australian Graphite

The US expects to import most of the natural graphite it needs for battery production over the next two decades and International Graphite aims to be on its preferred list of trusted near-shore suppliers. IG6 headed to the SelectUSA Investment Summit, in Washington DC to wave the flag for Australian graphite in one of the world’s fastest growing battery markets. The summit is the US Government’s biggest investment showcase attracting economic development leaders from 55 states and more than 2,000 business investors from 80 international markets.

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US tax on Chinese imports opens the door for Springdale graphite

Two key initiatives this week emphasise the speed and decisiveness with which western economies are ramping up to secure critical mineral supply chains and highlight the opportunity for Springdale graphite. These announcements underscore the importance of International Graphite’s world class Springdale graphite deposit, in Western Australia, as a potential long term, secure, consistent and reliable source of graphite to help feed the western world’s lithium-ion battery supply chain.

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Successful share placement raises $3M launching an SPP offer to existing shareholders

International Graphite has successfully raised $3.0M this week via a placement of 24 million new shares with binding commitments from sophisticated and professional investors with a share purchase plan offer launched for eligible shareholders. This is the first capital raising since the Company’s IPO in 2022. Following the success of the placement, the company has launched a share purchase plan (SPP) for existing shareholders. The SPP aims to raise a further $1M. 

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WA Government awards $6.5M for Australia’s first graphite processing plant

The Western Australian Government has awarded International Graphite an additional $6.5 million grant to progress the establishment of Australia’s first downstream graphite processing plant at Collie. The grant was announced by WA Premier the Hon. Roger Cook at the Company’s R&D Facility during the Collie Industry Transition Expo on Saturday 20 April 2024. It brings total funding from the State’s Collie Just Transition Program to $8.5 million and total grant funding from State and Federal Governments to $13.2 million.

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Collie Micronising Qualification Plant Commissioned

In a first for Australia’s battery minerals industry, International Graphite today announced the successful commissioning of its new graphite micronising plant at Collie, south of Perth. The qualification-scale microniser, with a capacity of 200 tonnes per annum, is the largest in Australia and a milestone in the development of a domestic graphite industry. It will be the first to produce graphite products in Australia for customer acceptance testing.

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Australian Government invests $4.7M in our battery graphite critical minerals development

The Australian Government has awarded International Graphite a $4.7M grant through the national Critical Minerals Development Program administered by the Federal Department of Industry, Science and Resources. The funds, which are expected to be available from 1 June 2023, will help fast-track the integrated mine-to-market graphite supply chain the Company is developing in Western Australia.

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International Graphite acknowledges the Traditional Owners of Country throughout Australia, particularly the Whadjuk, Wiilman, Kaniyang and Wadjari Peoples of the Noongar Nation, and pay our respects to Elders past and present.