International Graphite (ASX: IG6, FRA: H99) is positioning itself as a key non-Chinese player in the global graphite supply chain, pursuing an integrated processing strategy aimed at delivering near-term cashflow through a network of production facilities across Australia and Europe. Unlike many listed graphite companies that focus primarily on mining exploration, IG6's business model is built around processing third-party graphite concentrates to produce purified graphite products targeting both industrial and battery markets. The company describes this approach as a lower-risk entry into the graphite sector, leveraging low capital costs, proven technologies, and established partnerships across the supply chain.
By 2027, the company aims to be operating micronising and expandable graphite facilities in both Australia and Europe, with a combined production capacity exceeding 10,000 tonnes per year. If achieved, this would position IG6 as one of the most significant graphite producers operating outside of China, according to the company's profile published by The Assay. The first production facility, known as the Collie Micronising Facility, is currently under construction in Western Australia.
The project is being supported by the Western Australian Government's Collie Industrial Transition Fund and the state's Critical Minerals Office, underlining the strategic importance authorities place on domestic critical minerals processing capacity. On the European front, IG6 has formed a joint venture with Alkeemia S.p.A., described as one of Europe's leading hydrofluoric acid manufacturers. The partnership is designed to combine IG6's graphite processing expertise with Alkeemia's existing industrial infrastructure, creating what the company characterises as a highly capital-efficient graphite processing operation positioned at the heart of Europe's critical minerals supply network.
Beyond its processing ambitions, IG6 also owns the Springdale graphite deposit in Western Australia, which the company describes as a globally significant asset capable of providing decades of secure raw material supply to its processing facilities. Springdale is viewed as the long-term pathway toward anode material production, a segment of the battery supply chain of growing strategic interest globally. The company's investment case centres on several pillars: growing demand from graphite consumers seeking independent supply sources outside China, the capital efficiency of its joint venture structure, access to intellectual property through supply chain partnerships, and the dual-continent production footprint that targets both industrial and battery-grade markets simultaneously.
Source: The Assay, International Graphite company profile (theassay.com), published 5 August 2026.
Source: theassay.com