bullish
International Graphite Ltd - Taking a “mine to Market” Approach to Development
SUMMARY
- International Graphite Ltd (ASX:IG6) is focused on developing its Springdale graphite project near Hopetoun, Western Australia, in conjunction with its planned Battery Anode Materials (BAM) facility 450kms away in Collie.
- The company listed in April 2022 raising $10m at $0.20/share to give a market capitalisation at listing of $35.9m, fully diluted.
- Since listing, the company has made significant progress with both projects, completing more than 20,400m of infill and exploration drilling at Springdale, leading to four new graphite discoveries; establishing a downstream research and development facility in Collie housing pilot graphite micronizing, spheroidising and purification equipment and completing a definitive feasibility study for a $12.5m commercial micronizing facility at the Collie operation.
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- International Graphite Ltd - Taking a “mine to Market” Approach to Development04 May 2023
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