News Articles for Andrew Spinks

Junior exploration company EcoGraf has signed a farm-in agreement with goldmining giant AngloGold Ashanti Holdings for $US9 million ($13.5 million).

The federal government has granted major project status to EcoGraf's proposed $98 million battery graphite facility in Kwinana, one day after unveiling a long-term plan to boost Australia's critical minerals sector.

West Perth-based EcoGraf has secured funding from institutional investors to finalise the construction of its $98 million battery graphite processing plant in Kwinana.

EcoGraf has cut its executive and management salaries by half and further reduced operational expenditure in West Africa in a bid to save costs during the COVID-19 pandemic.

Roule Jones, current financial controller, has been appointed to the position of chief financial officer and company secretary of Orbital Corporation.

Graphite hopeful Kibaran Resources has received firm commitments for a $10.9 million capital raising to fund development work at its Epanko project in Tanzania.

Kibaran Resources has signed an agreement with German diversified group ThyssenKrupp for the sale of half of the graphite produced at its Epanko project in Tanzania.

Kibaran Resources has kicked off a $5.1 million capital raising to fund ongoing work on its flagship Epanko graphite project in Africa.

Shares in Perth-based Kibaran Resources surged on news it had received an offer from an unnamed institution to co-finance the company's Epanko graphite project in Africa, with a loan of up to $28 million.

Subiaco-based graphite player Kibaran Resources has achieved some preliminary success in developing a process to convert the carbon-based mineral into graphene.

Kibaran Resources-backed 3D Graphtech Industries has entered into an agreement with the Commonwealth Scientific and Industrial Research Organisation to research the effectiveness of graphite and graphene inks in 3D printing.

Owners of graphite stocks have enjoyed strong returns during the past year on the back of demand for the mineral's use in lithium ion batteries, however it is the potential to tap new markets that has some in the sector even more excited.

Shares in Kibaran Resources have continued their stellar run in July, jumping by nearly 20 per cent this morning after the company announced more spectacular drilling results at its Mehange graphite project in Tanzania.

Graphite and nickel exploration company Kibaran Resources has raised $3.1 million through a share placement, just months after it completed a similar placement in February.