{"id":2393,"date":"2024-04-22T15:14:00","date_gmt":"2024-04-22T15:14:00","guid":{"rendered":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/04\/22\/wa-government-awards-6-5-million-to-australias-first-downstream-graphite-plant\/"},"modified":"2024-04-22T15:14:00","modified_gmt":"2024-04-22T15:14:00","slug":"wa-government-awards-6-5-million-to-australias-first-downstream-graphite-plant","status":"publish","type":"post","link":"https:\/\/dailywashingtoninsider.com\/index.php\/2024\/04\/22\/wa-government-awards-6-5-million-to-australias-first-downstream-graphite-plant\/","title":{"rendered":"WA Government Awards $6.5 Million to Australia\u2019s First Downstream Graphite Plant"},"content":{"rendered":"

International Graphite Limited <\/strong>(ASX: IG6) is delighted to announce it has received an additional $6.5 million grant from the Western Australian Government to establish Australia\u2019s first downstream graphite processing plant. The award builds on two years of establishment work and brings the Company\u2019s total funding from the State\u2019s Collie Just Transition Program to $8.5 million. <\/p>\n

Highlights<\/strong><\/p>\n

The Western Australian Government has awarded $6.5 million to progress International Graphite\u2019s downstream operations at Collie.The plant is expected to be Australia\u2019s first purpose-built graphite processing facility and will significantly increase the nation\u2019s sovereign supply of critical battery minerals.The funding will establish commercial-scale micronising operations and progress battery anode feasibility work for concentrate feedstock from the Springdale Graphite Project.The release of funds is subject to a formal agreement being finalised. <\/p>\n

The grant was announced by WA Premier the Hon. Roger Cook at the Company\u2019s Collie R&D Facility during the Collie Industry Transition Expo on Saturday 20 April 2024. <\/p>\n

Grant funding will be used to advance International Graphite\u2019s plans for a 4,000 tpa commercial-scale graphite micronising operation, at Collie. It will also progress the design of downstream battery anode facilities, and mine-to-market battery anode feasibility work for processing of graphite concentrate feed from the Company\u2019s Springdale Graphite Project.<\/p>\n<\/p>\n

International Graphite Chairman Phil Hearse said<\/strong>, \u201cWe are thrilled by the support and leadership the Western Australian Government is providing to our emerging critical minerals industry and proud of their confidence in us to deliver real benefits for Collie and the State.<\/em><\/p>\n

\u201cThe grants are designed to encourage innovation in three areas – green manufacturing, minerals processing, and energy intensive or future clean energy initiatives. International Graphite\u2019s operations support all three, making our project an extremely good fit with the Government\u2019s priorities for the industry and the region.\u201d <\/em><\/p>\n


<\/em><\/p>\n

Click here for the full ASX Release<\/strong><\/p>\n

<\/a><\/p>\n

This post appeared first on investingnews.com<\/div>\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

International Graphite Limited (ASX: IG6) is delighted to announce it has received an additional $6.5…<\/p>\n","protected":false},"author":1,"featured_media":2394,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[25],"tags":[],"class_list":["post-2393","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/2393","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/comments?post=2393"}],"version-history":[{"count":0,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/posts\/2393\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media\/2394"}],"wp:attachment":[{"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/media?parent=2393"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/categories?post=2393"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailywashingtoninsider.com\/index.php\/wp-json\/wp\/v2\/tags?post=2393"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}