A new scoping study released today shows outstanding financial returns from International Graphite’s proposed battery anode material (BAM) facility at Collie, in Western Australia.
The scoping study makes a compelling case for the proposed multi-million dollar facility designed to process up to 40,000 tonnes pa of graphite concentrate and produce a full range of downstream graphite products – micronised, spheroidised and non-HF chemical purified graphite (USPG) plus carbon coating (CSPG) to produce highly conductive battery anode material for lithium-ion batteries.
The highest value option, which involves producing up to 18,600 tonnes pa of coated, spheroidised, purified graphite (CSPG) and 17,000 tonnes pa of micronised by-products is expected to generate average annual revenue of US$172M and EBITDA of US$100M.
Managing Director and CEO Andrew Worland said: “Our expert graphite metallurgists and engineers have applied their collective expertise to present a compelling development pathway for the Collie Graphite BAM Facility. The economics are outstanding.”