International Graphite Advances Construction and European Processing Hub in June Quarter
During the June quarter of 2026, International Graphite made significant progress on its graphite processing strategy across Australia and Europe. The company commenced construction at its Collie Micronising Facility in Western Australia after receiving final building permits, supported by a $4.5 million grant from the state government. A binding joint venture was also established with Alkeemia S.p.A. to develop a graphite processing hub in Italy's Porto Marghera, where International Graphite will hold 49% equity and profits will be shared equally. The company signed non-binding heads of terms with Wogen Pacific for the potential sale of micronised graphite and flake concentrate across Asia-Pacific markets. Additionally, International Graphite raised $4.4 million in equity to fund development activities. Test results from purification trials at Alkeemia's labs exceeded expectations, indicating strong technical performance. The venture is expected to produce 10,500 tonnes annually initially with potential for expansion up to 15,000 tonnes per year within three years.
Topics: collie construction equity raising european hub graphite processing joint venture