IG6 international graphite limited

Collie Micronising Facility

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    The Collie Micronising Facility will be built on vacant lots across the road from the existing site of IG6's Collie location in a light industrial estate on Morrison Way.

    The facility will micronise graphite concentrate initially from imported product and later from Springdale concentrate. Stage 1 will produce ~3,000tpa of micronised product suitable for use in cathode additives, polymers, adhesives, ceramics and specialty lubricants, etc or being further processed by purification, spheroidisation and coating for use as a battery anode material (BAM). Stage 2 would expand this facility to ~10,000tpa.

    Cost to build and fit out the Collie Micronising Facility for Stage 1 is estimated to cost A$4m, of which A$2m is from a government grant with the rest to come from the remainder of other grants, R&D credits, cash reserves. IRR was forecast as ~53% when this was a ~4ktpa facility at a cost of $12.5m.

    From slide 8 of their RIU Explorers Conference presentation in February 2024:

    ▪ Broad range of battery / energy storage and industrial uses eg thermal management, lubricants, engineered
    products, polymers and battery cathodes
    ▪ Australian and international customers
    ▪ Average market price US$1,750/t – US$8,500/t (standard -> high purity range)
    ▪ Operating costs US$1,500/t – US$1,850/t (varies by product)
    ▪ Product range – standard and high purity micronised graphite flake 5-45um (D90)


    The Collie Micronising Facility is separate from the proposed Collie BAM Facility which would eventually process ~40ktpa of graphite concentrate forecasted to produce around 18.6ktpa of coated spheroidised purified graphite and ~17ktpa of micronised by-product on a currently optioned 20ha site in Collie's Coolangatta Industrial Estate. Note that recent lab testing has indicated the potential for the yield to be up to 76% higher, although likely to be lower given that testing was under laboratory conditions.
 
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