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Invert Graphite Limited (ASX:IVG)
ALERT: Price-sensitive ASX Announcement for IVG
Current share price for IVG : $0.035 0.002 (6.06%)+
Announcement
Release
14 Aug 2026 9:22AM
Price at Release
$0.033
Full Release
Summary
InVert Graphite Limited has successfully made its acquisition of RapidGraphite Pty Ltd unconditional, securing exclusive rights to the RapidPulse™ technology, which allows for rapid conversion of natural graphite to battery-grade graphite without harsh acids. InVert completed a strongly supported A$2.5 million placement to fund ongoing and scaled-up trials using this technology. The acquisition marks a significant step in InVert's strategy to develop a vertically integrated graphite supply chain, combining its Morogoro Project in Tanzania with innovative processing methods to meet growing global demand for battery materials.
Key Points
- Binding agreements to acquire RapidGraphite Pty Ltd are now unconditional.
- RapidGraphite holds an exclusive licence for RapidPulse™ technology.
- A$2.5 million placement completed to fund technology trials.
- RapidPulse™ technology promises conversion of natural to battery-grade graphite.
- InVert's strategy includes a vertically integrated supply chain.
- Morogoro Project in Tanzania plays a key role in InVert's plans.
- Acquisition positions InVert to meet global battery material demand.
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.
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