International Graphite
International Graphite is a pre-revenue Australian developer building a vertically integrated mine-to-market graphite supply chain — from the Springdale mine to processing hubs in Western Australia, Italy, and Germany — serving battery manufacturers and industrial users seeking non-Chinese graphite supply, with commercial production targeted for 2027.
- Company typePublic
- Founded2018
- HeadquartersPerth, Australia
- Headcount11–50
- GTM typeB2B
- OfferingHardware or Manufacturing
What International Graphite does
International Graphite Limited (ASX: IG6, FWB: H99) is an Australian vertically integrated graphite developer founded in 2018 by Phil Hearse and headquartered in North Perth, Western Australia. The company's core activity is producing graphite concentrate from the Springdale Graphite Project near Hopetoun (49.3Mt @ 6.5% TGC, the second largest graphite deposit in Australia) and downstream processing it into micronised graphite, spheroidised graphite and battery anode material (CSPG/USPG) at the Collie facility. The company is pre-revenue with commercial production targeted for 2027, currently monetising through offtake commitments and government grants rather than product sales.
The business model centres on capturing ex-China graphite supply share by serving battery gigafactories, EV manufacturers and industrial graphite users (lubricants, polymers, ceramics, fire-resistant materials) seeking non-Chinese supply chains. Distribution is anchored by a three-year exclusive partnership with Wogen Pacific covering Asia Pacific (Japan, South Korea) with a minimum 3,000 tpa offtake, supplemented by a non-binding MOU with Marubeni Corporation for spheroidised graphite supply to Japanese customers. Technology includes proprietary micronising (4,000 tpa at Collie), spheroidisation, ultra-high temperature thermal purification, and access to Alkeemia's HF-based purification achieving >99.9% total graphitic carbon. The company is expanding into Europe via a binding JV with Alkeemia S.p.A. for a ~10,000 tpa facility at Porto Marghera, Italy (51/49) and a 50/50 JV with Arctic Graphite AS for a ~3,000 tpa expandable graphite plant in Germany, both targeted for 2027 production.
Revenue economics at scale are projected via scoping studies (e.g., A$375M to A$603M NPV10, 30.5-35.8% IRR; US$485/tonne all-in sustaining cash cost for concentrate), but the company has not yet generated product revenue. Cumulative funding is approximately A$38.5M from the A$10M IPO (April 2022), A$13.2M+ of government grants, and A$6M+ of equity placements, with the most recent A$3M placement in June 2026 supporting Australian and European construction. Customer concentration is high given Wogen Pacific's anchoring of Stage 1 output, and equity has been materially diluted since the 2022 IPO peak.
International Graphite firmographics
Firmographics- Name
- International Graphite
- Legal name
- International Graphite Limited
- Website
- https://internationalgraphite.com.au
- Company type
- Public
- Founded year
- 2018
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- International Graphite is a pre-revenue Australian developer building a vertically integrated mine-to-market graphite supply chain — from the Springdale mine to processing hubs in Western Australia, Italy, and Germany — serving battery manufacturers and industrial users seeking non-Chinese graphite supply, with commercial production targeted for 2027.
- Ownership category
- akta.pro rank
International Graphite industry classification
Industry- Product category
- Battery Materials and Industrial Graphite Processing
- NAICS
- Carbon and Graphite Product Manufacturing (335991), Other Nonmetallic Mineral Mining and Quarrying (212390)
- SIC
- Mining & Quarrying Of Nonmetallic Minerals (No Fuels) (1400)
- akta.pro primary industry
- Natural Graphite Mining & Concentrates (IMAKAFAD)
- akta.pro secondary industries
- Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate) (IMAKAFAI), Battery Raw Materials Mining & Refining (Lithium, Nickel, Cobalt, Manganese, Graphite) (EUAFABAA)
Keywords
Where International Graphite is headquartered
LocationHeadquarters
- HQ city
- Perth
- HQ country
- Australia
- HQ region
- Oceania
Offices4 records
Markets served
International Graphite business model
Business model- GTM type
- B2B
- Offering type
- Hardware or Manufacturing
- Cost components
- Operations, Infrastructure, Technology or R&D, Supply Chain, Personnel, Marketing or Sales
Revenue model
- Graphite Concentrate Sales: Pre-revenue graphite developer planning to generate revenue through sale of micronised graphite, spheroidised graphite, and battery anode materials. The company has secured minimum offtake commitments of 3,000 tonnes per year through Wogen Pacific agreement.
- Graphite Processing Services: Processing of graphite concentrate sourced from mines and trading houses worldwide at European and Australian facilities for industrial and battery applications
Go-to-market motion2 records
Distribution channels4 records
Marketing channels6 records
International Graphite product offering
Product offeringCore offering
International Graphite is building a vertically integrated mine-to-market graphite business operating across two continents. The company extracts graphite concentrate from its Springdale Graphite Project in Western Australia and processes it at the Collie downstream facility and through European joint ventures into micronised graphite, spheroidised graphite, expandable graphite, and battery anode materials (coated and uncoated spherical purified graphite). Production targets approximately 17,000 tonnes per annum across Australian and European facilities by 2027, supplying lithium-ion battery manufacturers and industrial end-users.
Product overview
International Graphite operates a vertically integrated graphite business spanning mining at Springdale and downstream processing at Collie, Western Australia, plus a European processing hub through its Alkeemia joint venture in Italy. The company produces a portfolio of graphite products including micronised graphite (Stage 1 of ~3,000 tpa commercial facility at Collie, expanding to 4,000 tpa), spheroidised graphite for battery anode material, expandable graphite from its Germany joint venture (~3,000 tpa), and processed graphite products from the Porto Marghera hub in Italy (~10,000 tpa initial capacity, scaling to ~15,000 tpa). The integrated mine-to-market supply chain connects the Springdale Graphite Project (49.3Mt resource) to Collie downstream processing, with the ultimate goal of producing battery anode material for lithium-ion batteries.
Differentiator
Problem solved
Functional benefit
Quantifiable outcome
- Collie BAM Facility scoping study projects average annual revenue of US$172M and EBITDA of US$100M for highest value production option
- +3 more outcomes
Companies that use International Graphite
Customer profileNamed customers2 records
Segments3 records
Ideal customer profiles2 records
International Graphite technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature4 records
International Graphite partnerships and signals
Strategic signalPartnerships
Seven partnerships are on record, tiered major, core, supporting, strategic and minor.
- Wogen PacificmajorThree-year commercial agreement for supply of graphite concentrate. Wogen commits to purchase minimum 3,000 tonnes per year of micronised graphite from IG6's Collie Micronising facility. Wogen will also source up to 10,000 tonnes per year of flake graphite concentrate feedstock and provide sales and marketing support for exclusive distribution to Asia Pacific customers targeting Japan and South Korea markets.
- Alkeemia S.p.AcoreBinding joint venture agreement signed to build a major European graphite processing hub at Alkeemia's facility in Porto Marghera, Italy. Alkeemia holds 51% and IG6 holds 49% of the venture. The hub will have initial production capacity of ~10,000 t/y, scalable to ~15,000 t/y within three years. Co-location provides access to hydrofluoric acid supply, shared industrial infrastructure, skilled workforce, and on-site purification capability. Construction scheduled to start Q3 2026 with first production in H2 2027.
- ProGraphite GmbHsupportingInternationally renowned technical partner providing graphite processing and product marketing expertise for the expandable graphite project in Europe.
- Hensen Graphite and CarbonsupportingTechnical partner providing graphite processing and product marketing expertise for the expandable graphite project in Europe. Hensen has expressed interest in becoming a shareholder in the plant, subject to due diligence and other procedures.
- Arctic Graphite AScoreJoint venture partner for expandable graphite production facility in Germany. Arctic Graphite, a subsidiary of Norwegian construction giant LNS (Leonhard Nilsen & Sonner AS), brings graphite experience as former owner and operator of Norway's Skaland graphite mine. Facility to be owned 50/50 between IG6 and Arctic Graphite. Target production of ~3,000 tonnes per year, operational in 2027.
- Marubeni CorporationstrategicJapanese trading conglomerate conducting testwork program on Springdale graphite concentrates under a non-binding MOU for potential supply of spheroidised graphite from Springdale and potential financial support for International Graphite's mine-to-market strategy. Marubeni is one of the world's biggest integrated trading and investment conglomerates.
- ZEN EnergyminorNon-binding MOU signed for green energy supply to help achieve targets for low carbon emissions and facilitate rapid production expansion at Collie facility.
Scale indicators13 records
Recent moves6 records
Expansion highlights6 records
International Graphite competitors and assessment
Company assessmentDirect peers
- Nouveau Monde Graphite: TSX-listed integrated natural graphite developer advancing the Matawinie mine and Bécancour battery anode material plant in Quebec. Directly comparable Tier-1 jurisdiction, vertically integrated strategy serving North American EV/battery customers.
- Syrah Resources: ASX-listed natural graphite miner and processor operating the Balama mine in Mozambique and Vidalia active anode material facility in Louisiana. Closest comparable integrated mine-to-battery-anode strategy targeting ex-China supply to US/EU gigafactories.
- Northern Graphite: TSX-listed natural graphite miner and processor with operations in Canada and Namibia plus planned battery anode material facilities. Comparable mid-stage integrated mine-to-anode strategy.
- Renascor Resources: ASX-listed integrated graphite developer with the Siviour project in South Australia and planned battery anode material operation. Highly comparable Australian, vertically integrated, ex-China-focused pure-play.
- Magnis Energy Technologies: ASX-listed battery materials company developing graphite anode material for lithium-ion batteries, with downstream plans in the US. Comparable battery-anode focus with active gigafactory engagement.
- Graphite One: TSX-listed integrated natural graphite developer with the Graphite Creek project in Alaska. Pursuing US government-supported ex-China graphite supply chain — closely comparable resource-plus-processing strategy.
- Westwater Resources: NYSE-listed US developer of the Coosa graphite project in Alabama with planned battery-grade processing. Comparable Western-jurisdiction, government-supported integrated graphite developer.
- Talga Group: ASX-listed integrated graphite anode producer in Sweden using natural graphite from Vittangi. Closest peer by business model — vertically integrated natural graphite-to-anode strategy targeting European battery gigafactories.
Broad incumbents
- SGL Carbon: Frankfurt-listed global leader in carbon, graphite and composite materials serving automotive, energy, and industrial markets. Broad incumbent offering carbon/graphite products including battery anodes, with established European manufacturing footprint.
Emerging players
- Triton Minerals: ASX-listed graphite explorer focused on Mozambique projects. Earlier stage than International Graphite but operates in the same natural graphite critical-minerals theme targeting battery applications.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
International Graphite social profiles
Digital presenceInternational Graphite compliance and trust
Trust signalCompliance1 record
International Graphite financial estimates
Financial estimateRevenue estimate
Valuation estimate
International Graphite leadership team
Management profileNumber of profiles
Profiles3 records
International Graphite subsidiaries and ownership
Company hierarchySubsidiaries1 record
International Graphite funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
International Graphite M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about International Graphite
What does International Graphite do?
International Graphite is building a vertically integrated mine-to-market graphite business operating across two continents. The company extracts graphite concentrate from its Springdale Graphite Project in Western Australia and processes it at the Collie downstream facility and through European joint ventures into micronised graphite, spheroidised graphite, expandable graphite, and battery anode materials (coated and uncoated spherical purified graphite). Production targets approximately 17,000 tonnes per annum across Australian and European facilities by 2027, supplying lithium-ion battery manufacturers and industrial end-users.
Is International Graphite a public or private company?
International Graphite is a public company. It is classified as public and is currently operating.
When was International Graphite founded?
International Graphite was founded in 2018. It employs 11 to 50 people.
Where is International Graphite based?
International Graphite is headquartered in Perth, Australia, in the Oceania region.
How does International Graphite make money?
Two revenue lines are on record. Graphite Concentrate Sales are the primary driver. The others are graphite Processing Services.
Who are International Graphite's main competitors?
Direct peers on record are Nouveau Monde Graphite, Syrah Resources, Northern Graphite, Renascor Resources, Magnis Energy Technologies, Graphite One, Westwater Resources and Talga Group. SGL Carbon is listed as a broad incumbent. Triton Minerals is listed as an emerging player.
Does International Graphite have an API?
No public API is recorded for International Graphite.
What industry is International Graphite in?
International Graphite's product category is Battery Materials and Industrial Graphite Processing. Its primary akta.pro industry code is IMAKAFAD, Natural Graphite Mining & Concentrates, with a secondary code of IMAKAFAI, Battery-Grade Chemical Processing (LiOH/Li2CO3, Ni/Co Sulfates, Mn Sulfate). Its NAICS code is 335991 and its SIC code is 1400.