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International Graphite Limited (ASX:IG6)

ALERT: Price-sensitive ASX Announcement for IG6
Current share price for IG6 : $0.041 -0.001 (-2.38%)+
Announcement
Release
27 May 2026 9:51AM
Price at Release
$0.042
Full Release
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Summary
International Graphite Limited (IG6) has entered into a binding joint venture with Alkeemia S.p.A. to develop a major graphite processing hub in Europe, specifically at Alkeemia's facility in Porto Marghera, Italy. The joint venture agreement, which was signed at Alkeemia's annual Battery Forum in Venice, aims to leverage Alkeemia's existing industrial platform and infrastructure to create a highly capital-efficient and low-operating-cost graphite processing hub. The JV, with Alkeemia holding 51% ownership and IG6 49%, is planned to have an initial production capacity of 10,000 tons per year, expanding to 15,000 tons over three years. The facility aims to address Europe's demand for a localized supply chain for critical minerals. Construction is targeted to commence in Q3 2026, with production expected in the second half of 2027, pending a final investment decision. This initiative is part of IG6's strategy to enhance its graphite processing capabilities in both Western Australia and Europe, positioning itself to meet the growing demand for advanced materials in the energy transition sector.
Key Points
  • Joint Venture agreement signed between IG6 and Alkeemia.
  • Alkeemia holds 51% and IG6 holds 49% in the JV.
  • Initial production capacity of 10,000 tons per year expanding to 15,000 tons.
  • Construction to start in Q3 2026, production in H2 2027.
  • Focus on creating a low-operating-cost graphite processing hub.
  • Aims to support Europe's critical minerals supply chain.
  • Facility located at Porto Marghera, Italy.
  • JV aims to leverage existing industrial infrastructure.
  • Part of IG6's strategy to enhance processing capabilities in Europe and Australia.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.