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Invert Graphite Limited (ASX:IVG)

ALERT: Price-sensitive ASX Announcement for IVG
Current share price for IVG : $0.033 -0.002 (-5.71%)+
Announcement
Release
28 Jul 2026 9:38AM
Price at Release
$0.035
Full Release
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Summary
During the June 2026 quarter, Invert Graphite Limited focused on acquiring RapidGraphite Pty Ltd and its RapidPulse™ technology, aiming to enhance its Morogoro natural graphite project in Tanzania. The technology, developed at Curtin University, promises to convert natural graphite to battery-grade graphite efficiently without acid use. This acquisition aligns with Invert's strategy to establish a vertically integrated and sustainable graphite supply chain. The company raised A$2.5 million to fund scaled-up trials. The cash flow report showed a decrease in cash, with significant expenditures on exploration and administration. Invert plans to concentrate resources on the Morogoro project following the relinquishment of non-core South Australian tenements.
Key Points
  • Acquisition of RapidGraphite Pty Ltd and RapidPulse™ technology.
  • Focus on Morogoro graphite project in Tanzania.
  • RapidPulse™ technology offers non-acid purification to battery-grade graphite.
  • A$2.5 million raised to support technology trials.
  • Operational cash flow indicates increased spending on exploration.
  • Relinquishment of non-core South Australian tenements to focus on core projects.
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.