The facilities comprise a secured business markets loan and overdraft facility totalling approximately $1.5 million. International Graphite said the business markets loan will fund construction costs, with interest capitalised during its two-year term before converting to an amortising loan over 13 years.
The company said the facilities complement existing equity commitments, forecast R&D funding receipts and funding remaining under the $4.5 million Financial Assistance Agreement with the Collie Investment and Transition Fund.
Managing director and chief executive Andrew Worland said construction at Collie was advancing and the production building remained on track for completion in the second quarter of 2027. The completion timing is a company projection and is subject to risks and uncertainties outlined in the announcement.
Source: Download IG6 official ASX announcement, 2026-09-24.
File image from earlier MES coverage: International Graphite expands high-value product capability at Collie facility. Not an image of the current announcement.