Analysis: There are shades of the maligned Royalties for Regions program in the scale of recent government spending at Collie, Business News research has found.
ASX-listed International Graphite has received an additional $6.5 million grant from the state government, in order to accelerate progression of its downstram processing operations in Collie.
International Graphite has won state government approval for construction of a qualification-scale battery materials plant, part of its $441 million Collie processing plan.
A battery materials company chaired by former Liberal Party leader Mike Nahan is among a cohort of Western Australian companies to secure a share of federal government grants.
Aspiring battery materials manufacturer International Graphite has secured a preferred site for its proposed plant in the Coolangatta industrial estate.
Our board moves wrap includes Hannah Badenach, Thomas Abraham-James, Wayne Bramwell, Michelle Woolhouse, Eldon Wan, Kee Kong Loh, Strati Gregoriadis, David Pass, Phil Hearse, Andrew Rutherford, Michael Rennie, Lesa Francis, Mladen Stevanovic, and Milos Bosnjakovic.
A new graphite processing facility and a $200 million transition fund are among measures to entice investment and create jobs in Collie before its power stations close at the end of the decade.
Our board moves wrap includes Nerida Schmidt, Tony Walsh, Stephen Strubel, David Leavy, Lawrence Teo, Kevin Coutinho, Josh Hunt, Andrew Worland, and Phil Hearse.
A $10 million initial public offering launched by International Graphite, which has plans to develop a downstream processing facility in Collie, closed in less than a day.
