Ann: CRL and International Graphite to create integrated business, page-9

Great news.

Comet and International Graphite to create vertically
integrated graphite business in WA
Highlights
• Comet to gain participation in high-technology, vertically integrated industrial and
battery anode graphite product company, International Graphite via the vend-in of its
Springdale Graphite Project
• Springdale uniquely suited in both location and material quality to provide raw
material feedstock to International Graphite’s high-value micronised and lithium-Ion
battery anode material and other products
• Proposed transaction initially values Springdale Graphite Project at $8M in
International Graphite shares
• International Graphite to seek a listing on the ASX
• International Graphite has commenced Stage 1 of its advanced downstream graphite
product manufacturing and R&D facility in Collie, WA
• International Graphite’s technology has been recognised by and received strong
support from the WA Government, with a recent award of a $2M grant to contribute to
the development of the Collie facility