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International Graphite Limited (ASX:IG6)

ALERT: Price-sensitive ASX Announcement for IG6
Current share price for IG6 : $0.041 -0.014 (-25.45%)+
Announcement
Release
28 May 2026 8:17AM
Price at Release
$0.055
Full Release
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Summary
International Graphite Limited has received a Building Permit from the Shire of Collie, marking the second milestone achievement in their project funded by the Collie Industrial Transition Fund. This permit allows for the commencement of earthworks and civil construction at the Collie Micronising Facility. This facility is poised to become Australia's first commercial graphite micronising operation, contributing to the fast-tracked progress at the IG6-Alkeemia Joint Venture in Porto Marghera. The project, managed by Prosser Built, is progressing on schedule with a final tender price within budget, and it is expected to achieve mechanical completion by the second quarter of 2027 with a total capital cost estimated at $8.0 million. The development has also attracted strong interest from both Australian and North Asian customers.
Key Points
  • Building Permit received for Collie Micronising Facility
  • Second milestone of $4.5 million grant from Collie Industrial Transition Fund
  • Earthworks and civil construction to commence
  • Facility to be Australia's first commercial graphite micronising operation
  • Project on schedule for completion in Q2 2027 with an $8.0 million capital cost
  • Strong customer interest from Australia and North Asia
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.