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IG6 — International Graphite News Story

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Brief: International Graphite Says Agreement To Develop New Expandable Graphite Facility

July 28 (Reuters) - International Graphite IG6.AX:

AGREEMENT TO DEVELOP NEW EXPANDABLE GRAPHITE FACILITY-IG6.AX

50/50 JOINT VENTURE TO BE FORMED BETWEEN INTERNATIONAL GRAPHITE AND ARCTIC GRAPHITE AS

GRAPHITE INVESTMENT PARTNERS LLC COMMITTED TO ARRANGING AT LEAST 50% OF EGF CAPITAL COST ESTIMATE

ASPIRES TO BE OPERATING TWO GRAPHITE FACILITIES BY 2027

SCOPE OF ASSESSMENT TARGET PRODUCTION CAPACITY OF 3,000 T/Y AND CAPITAL COST ESTIMATE OF EUR 5.0 MILLION

Further company coverage: IG6.AX

 ((Reuters.Briefs@thomsonreuters.com;))

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