Morning trading October 27, page-33

  1. 6,477 Posts.
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    CRL, Ann
    Market still digesting the Ann and evaluating impact this will have on the company.

    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
 
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