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- Last 2026-11-06
- A$0.035
- 1D
- —
- 1M
- —
- YTD
- —
- 1Y
- —
- Fair value
- Locked: sign in to view
- Upside
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- Mkt cap
- A$11M
- EV
- A$7.4M
- Cash
- A$2.7M
- Debt
- A$1.4M
3 newer ASX announcements not yet reflected in this valuation
- Quarterly Activities/Appendix 5B Cash Flow ReportLatest Four Activities Reports
- Application for quotation of securities - IG6Post Cash Checkpoint Security Event
- Annual Report to shareholdersLatest Annual Report
Investment view
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Sign in or enter a guest codeAnnouncements
Latest 12 of 0All sources ▸- No announcements are linked to this research.
Event calendar · next 12 months
3 events| Timing | Event | Category | Confidence | Materiality | Investor relevance |
|---|---|---|---|---|---|
| Q3 2026 target | Porto Marghera FID | Financing | Company Guided | High | Tests whether IG6 can fund its A$12m capital contribution without excessive dilution. |
| Q2 2027 target | Collie staged construction completion | Construction Or Commissioning | Company Guided | High | Completion enables commercial commissioning and checks the staged A$8m capital budget. |
| mid-2027 target | Collie commercial commissioning | Construction Or Commissioning | Company Guided | High | Commissioning is the key proof point for a commercial sales mix and realized margins. |
Executive roster
As of 2026-09-27Background checks ▸FY2025 annual report baseline, December 2025 interim roster and later executive director appointment; non-executive chair and director excluded.
| Executive | Title | Normalized role | Appointed | Sources |
|---|---|---|---|---|
| Andrew Worland | Managing Director and Chief Executive Officer | Executive Director · Chief Executive | 2023-01-01 | FY2025 annual report · Interim financial report to 31 December 2025 · Quarterly activities and Appendix 5B to 30 June 2026 |
| David Pass | Technical Director · Chief Technical Officer | Executive Director · Technical | — | FY2025 annual report · Interim financial report to 31 December 2025 |
| Aidan Nania | Executive Director | Executive Director · Commercial | 2026-01-13 | Interim financial report to 31 December 2025 · Collie construction contract |
| Robert Hodby | Chief Financial Officer · Company Secretary | Finance · Company Secretary | — | FY2025 annual report · Interim financial report to 31 December 2025 |
devCoverage status: Complete As Disclosed
Portfolio detail
Assets
Core asset
Collie Micronising Facility
Australia
Construction100% ownedGraphite
Building permit granted; construction underway; stage-one equipment ordered.
- Product and spec
- Micronised graphite: standard and high-purity micronised products
- Nameplate capacity
- 4,000 tpa
- Throughput (12M)
- —
- Utilisation
- —
- Capital intensity (capex / tpa)
- A$1,575/(tpa)d
- Feed source
- Mixed: Springdale concentrate later (captive); Wogen Heads of Terms for up to 10,000 t/y flake concentrate (third-party, non-binding)
- Offtake contracted
- —
Published study economicsIssuer or study metrics
Initial capexA$8MPublished capital estimate
Combined staged FEED capital estimate, not remaining spend.
Milestones2
- Complete staged construction
Pending · High materiality
- Commission commercial micronising plant
Pending · High materiality
Permits & approvals1
| Permit | Jurisdiction | Status | Expiry | Critical path |
|---|---|---|---|---|
| Collie production-building permit | Shire of Collie | Granted | — | Yes |
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Collie micronising FEED | Feed | Current | 2025-03-20 | A$6.3m Stage 1 and A$1.7m Stage 2 capital estimate; later product mix snapshot is not a forecast. |
Core asset
Porto Marghera graphite processing hub
Italy
DFS Unfunded Developer49% ownedGraphite
Binding 49% equity JV with 50% profit share; A$12m IG6 capital requirement; FID targeted Q3 2026.
- Study
- Technical and financial evaluation (June 2026)
- Post-tax NPV (study prices, attributable)
- —
- NPV restated at our deck (attributable)
- Locked
- IRR
- —
- Initial capex (100%)
- —
- Capital intensity
- —
- LoM AISC
- —
- Mine life
- —
Published study economicsIssuer or study metrics
Initial capexA$12MPublished capital estimate
Operating cost7,900,000AUD/y
IG6 capital contribution and attributable annual sustaining-cost snapshot under then-current market assumptions.
Milestones1
- Porto Marghera final investment decision
Pending · High materiality
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Porto Marghera technical and financial evaluation | Updated Feasibility | Current | 2026-06-17 | Attributable 12-month EBITDA snapshot A$12.2m; explicitly not a financial forecast. |
Material
Springdale Graphite Project
Australia
Scoping Study Developer100% ownedGraphite
100% owned resource and mining leases; feasibility and financing outstanding.
- Contained metal (attributable)
- 3.2m td
- Resource grade
- 6.5%
- % Measured + Indicated
- 28.1%d
- Resource tonnes
- 49.30 Mt
- Our value per attrib. contained unit
- Locked
- Mining method
- —
Project location
Approximate location
Loading imagery…
© OpenStreetMap contributors. Basemap imagery © Esri (Maxar, Earthstar Geographics). Dated overlays contain modified Copernicus Sentinel data. Visible surface changes do not establish production or completion.
Published study economicsIssuer or study metrics
Initial capexA$76MPublished capital estimate
Operating cost467.5USD/t concentrate FOB Fremantle
2024 scoping-study metrics repeated in June 2026 quarterly; cost is USD despite AUD capital currency.
Resources & reserves2
| Type | Category | Quantity | Grade | Contained minerals | Date |
|---|---|---|---|---|---|
| Mineral Resource | Indicated | 11.5 Mt | 7.5% TGC | Graphite | 2023-09-12 |
| Mineral Resource | Inferred | 37.7 Mt | 6.1% TGC | Graphite | 2023-09-12 |
Tenements2
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| Springdale graphite scoping study | Scoping Study | Current | 2024-01-29 | Quarterly reiterates 46kt/y concentrate, A$76m initial capital and US$450–485/t concentrate cost; not a reserve-backed DFS. |
Other
European Expandable Graphite Facility
Germany
Scoping Study Developer0% ownedGraphite
No vested project ownership as of cutoff. Cooperation contemplates a conditional 50/50 incorporated venture after feasibility, funding and approvals; GIP may then earn parent shares.
Published study economicsIssuer or study metrics
Initial capex€5MPublished capital estimate
Preliminary facility capital estimate, not an IG6 commitment.
Economic studies1
| Study | Stage | Status | Date | Summary |
|---|---|---|---|---|
| European expandable graphite concept | Scoping Study | Current | 2025-07-28 | Concept targets 3kt/y and €5m capex, subject to feasibility and binding funding. |
d derivedr our researchg guidances study forecastm daily marketNo marker: as reported— / NM missing or not meaningful (hover for why)
Funding, performance and ownership
Financials & Capital
Liquidity
Financial position
June cash is A$2.712m; A$2.6m undrawn finance facilities and A$7.6m undrawn grants are restricted by terms or milestones. August placement adds A$2.353m gross after quarter end; Porto requires A$12m capital. On 24 September the issuer announced about A$1.5m of executed NAB loan and overdraft facilities; the loan/overdraft split and drawn balance were not disclosed, so this is not added to June cash or debt.
Capital structure
Ownership and dilution
- Ordinary shares
- 315.5M
- Fully diluted
- 419.5M
256,658,435 ordinary shares at 30 June plus 58,816,313 completed Tranche 2 shares = 315,474,748 issued. The 419,474,748 illustrative maximum adds 18m June options, 62.5m announced placement/broker options, 19m December 2025 rights without a later full roll-forward, and 4.5m director rights. It is a ceiling of mixed confirmed and proposed instruments, not a treasury-stock calculation; potential overlap or lapse, exercise proceeds and the contingent GIP parent issue remain unquantified.
Security classes5
| Class | Type | Quantity | Strike | Expiry |
|---|---|---|---|---|
| Ordinary fully paid shares after Tranche 2 | Ordinary Share | 315.5M | — | — |
| Options outstanding at 30 June 2026 | Option | 18M | — | — |
| Placement and broker options announced in June 2026; 55m placement options confirmed allotted in August, 7.5m broker issuance unverified | Option | 62.5M | A$0.08 | — |
| Conditional directors performance rights announced but issuance unverified | Performance Right | 4.5M | — | — |
| 19 million performance rights outstanding at 31 December 2025; later vesting roll-forward not available in reviewed filings | Performance Right | 19M | — | — |
KPI history
Operating metrics
Operating metric source table5
| Metric | Project | Period | Period type | Value | Status |
|---|---|---|---|---|---|
| Free Cash Flow | Company | June 2026 quarter | Quarter | -298,000 AUD | Source Derived |
| Corporate cash and cash equivalents | Company | 30 June 2025 | Point In Time | 1,080,708 AUD | Reported |
| Corporate cash and cash equivalents | Company | 31 December 2025 | Point In Time | 1,438,955 AUD | Reported |
| Corporate cash and cash equivalents | Company | 31 March 2026 | Point In Time | 1,096,000 AUD | Reported |
| Corporate cash and cash equivalents | Company | 30 June 2026 | Point In Time | 2,712,000 AUD | Reported |
Company guidance2
| Metric | Project | Period | Low | High | Status |
|---|---|---|---|---|---|
| Potential Finished Product Output | collie | 12-month operating snapshot at steady-state mix | 4,300 | 6,400 t/y | Current |
| Hypothetical Annual EBITDA At August 2026 Spot Prices | collie | 12-month operating snapshot, not a forecast | 11,100,000 | 14,200,000 AUD/y | Current |
Capital history
Capital events
| Date | Event | Amount | Shares | Price | Status | Terms |
|---|---|---|---|---|---|---|
| 2026-09-24 | Debt | A$1.5M | — | — | Ongoing | Executed secured loan and overdraft facilities total approximately A$1.5m; split and drawn amount undisclosed.From 2026-09-24 · Interest rate not disclosed; interest capitalised for two years before 13-year amortisation · National Australia Bank |
| 2026-08-20Ann. 2026-07-01 | Raising | A$2.4M | 58.8M | — | Completed | — |
| 2026-06-29Ann. 2026-06-19 | Raising | A$2M | 51.2M | — | Completed | — |
Contracts and ownership
Material economic arrangements These are deals that can affect sales, costs, funding or ownership. An arrangement marked “Included in valuation” may already be built into a project estimate or the bridge to shareholder value. A separate amount is shown only when one can be estimated; do not add it again.
Annual and interim financial reports plus subsequent June quarterly and project announcements reconcile live counterparties, related-party services and grant funding; contract renewal and final commercial pricing remain open.
Alkeemia owns 51% while IG6 funds initial development and receives half of project profits.
Joint Venture · Active- Counterparties
- Alkeemia S.p.A.
- Applies to
- Porto Marghera graphite processing hub · Graphite
- Economic direction
- Mixed
- Period
- From 2026-05-27; no end date stated
- Key terms
- IG6 ownership: 49 %
IG6 profit share: 50 %
IG6 initial capital contribution: 12,000,000 AUD
How it affects our valuation
No valuation treatment is available for this arrangement.
Non-binding heads of terms for Asia-Pacific product distribution and concentrate supply; definitive pricing and take-or-pay terms unavailable.
Offtake · Conditional- Counterparties
- Wogen Pacific Limited
- Applies to
- Collie Micronising Facility · Graphite
- Economic direction
- Mixed
- Period
- Dates not stated
- Key terms
- Indicative minimum purchase: 3,000 t/y
Indicative feedstock sourcing: 10,000 t/y
How it affects our valuation
No valuation treatment is available for this arrangement.
Non-binding purification tolling LOI; commercial charges, enforceable volume and long-term duration not disclosed.
Tolling Or Processing · Conditional- Counterparties
- Alkeemia S.p.A.
- Applies to
- Porto Marghera graphite processing hub · Graphite
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Pilot-plant capacity allocated for testwork: 50 %
How it affects our valuation
No valuation treatment is available for this arrangement.
Cooperation agreement contemplates a 50/50 expandable graphite venture; site, financing and definitive project economics remain unsettled. GIP could receive a 12.5% parent-company interest after specified deliverables and shareholder approval; no shares are issued under this condition yet.
Joint Venture · Conditional- Counterparties
- Arctic Graphite AS · Leonhard Nilsen & Sønner AS
- Applies to
- European Expandable Graphite Facility · Graphite
- Economic direction
- Mixed
- Period
- From 2025-07-23; no end date stated
- Key terms
- Proposed IG6 ownership: 50 %
Facility capital estimate: 5,000,000 EUR
Conditional GIP parent-company interest: 12.5 %
GIP minimum project funding to arrange: 50 % of project capital
How it affects our valuation
No valuation treatment is available for this arrangement.
Battery Limits, controlled by chair Philip Hearse and led by technical director David Pass, continues to provide engineering and project-development services. The 2022 three-year contract was under extension review; subsequent service charges are reported, but current written renewal terms were not available.
Other · Active- Counterparties
- Battery Limits Pty Ltd
- Applies to
- Company-wide · Graphite
- Economic direction
- Burden
- Period
- Dates not stated
- Key terms
- FY2025 professional-services fees: 847,337 AUD
H1 FY2026 fees: 273,814 AUD
June 2026 quarter consultancy: 124,621 AUD
How it affects our valuation
No valuation treatment is available for this arrangement.
State grants fund specified Collie and related processing or integration activities as milestones are met. Undrawn funding is not cash in the equity bridge and cannot be freely redeployed to Porto.
Other · Active- Counterparties
- Western Australian Government
- Applies to
- Collie Micronising Facility · Springdale Graphite Project · Graphite
- Economic direction
- Benefit
- Period
- Dates not stated
- Key terms
- Undrawn grant funding at 30 June 2026: 7,600,000 AUD
How it affects our valuation
No valuation treatment is available for this arrangement.
The historical Comet lending exposure was repaid in full in July 2025, so it creates no live asset or additional equity-bridge receivable.
Other · Terminated- Counterparties
- Comet Resources Ltd
- Applies to
- Company-wide · Graphite
- Economic direction
- Benefit
- Period
- Through 2025-07-31; start date not stated
- Key terms
- Settlement received in July 2025: 1,125,000 AUD
How it affects our valuation
This arrangement has ended; no current valuation treatment is required.
Intrinsic value
Valuation
Valuation
Bear, base and bull values, investment cases, project valuations and the equity bridge are available to subscribers.
Sign in or enter a guest codeResource-price transmission
Sensitivity lab
Sensitivity lab
How our fair value responds to commodity prices and other drivers is available to subscribers.
Sign in or enter a guest codePeople, delivery and responsibility
Management background checks
This is a partial public-source screening with substantial unverified prior searches and individual evidence gaps. The team has disclosed graphite, finance and mining experience, and documented related-party arrangements; a prior shareholder dispute was settled without admission.
Decision-relevant facts
Material summary
Andrew Worland
Managing Director and Chief Executive Officer
FailureDocumented · Medium materiality
Lead mine remained on care and maintenance
Paroo Station had been closed since 2015. In 2018 LeadFX CEO Worland discussed financing a proposed processing facility after the Western Australian EPA backed expansion; the mine had not restarted at that point.
Role overlaps event; causation unproven · Closure began before his reported 2017 appointment; the sources do not establish personal causation. The project remained under development during his tenure.
EPA backs Wiluna lead mine revival · LeadFX CEO and mine closure paragraphs
2022 AGM notice · p.12
Company SuccessIssuer Reported · Medium materiality
Collie construction advanced but plant not yet operating
The 23 October 2026 quarterly says building works were progressing, and a binding post-quarter feedstock supply agreement was signed. Production had not yet been reported.
Role overlaps event; causation unproven · Worland was managing director; the announcement does not quantify his individual contribution.
FailureDocumented · Medium materiality
Later administration at Paroo Station operator
A notice reproduced in January 2025 reports that administrators were appointed to Rosslyn Hill Mining, the Paroo Station operator, in December 2024. IG6 previously identified Worland as LeadFX chief executive and LeadFX as the owner of the mine; his role at the date of the administration is not established.
Employer context; no individual link established · The notice does not name Worland, and his LeadFX departure date and personal involvement are unverified. No causal or misconduct inference is made.
Rosslyn Hill Mining: notice of second creditors meeting · Notice of second creditors meeting, company details
2022 AGM notice · p.12 LeadFX CEO and Paroo ownership
Evidence gaps · 5
- Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
- No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
- Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
- LeadFX exit date and later Paroo administration or restructuring records were not independently verified.
- Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.
David Pass
Technical Director, Chief Technical Officer
EducationIssuer Reported · Medium materiality
Metallurgy degree and professional membership reported
International Graphite’s prospectus states Pass holds a Bachelor of Science in Metallurgy from Murdoch University and is a member of AusIMM. Issuer disclosure, not independently credential-checked.
Responsibility not applicable · Credential claim is from issuer prospectus; no direct university or professional-body confirmation located in this batch.
International Graphite Prospectus · p.80, David Pass biography
FailureIssuer Reported · Medium materiality
Moly project deferred during senior tenure
Moly Mines reported in its 2013 annual report that the Spinifex Ridge molybdenum/copper project was postponed because project economics did not support full financing and a final investment decision. Iron ore operations transferred to another operator under a mine-gate sale in July 2013.
Role overlaps event; causation unproven · Pass was GM operations from December 2012 and acting CEO from October 2013 until 11 April 2014. Commercial causes cannot be attributed to him individually.
2013 annual report · executive officers table; operations and business strategies
GovernanceIssuer Reported · Medium materiality
Related-party technical services
The FY2026 annual report discloses that BatteryLimits, controlled by IG6 chair Phillip Hearse and led by Pass, earned A$587,014 in fees from IG6, including approximately A$157,005 for Pass’s time; the company describes rates as favourable compared with unrelated providers.
Individual involvement documented · The transactions and overlapping roles are disclosed; no breach or improper pricing is established, and the comparison is management’s statement.
2026 Annual Report and Financial Statements · pp.38,66 related-party transactions
Evidence gaps · 5
- Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
- No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
- Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
- The precise allocation of responsibility for Moly project funding and outcomes is not independently established.
- Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.
Aidan Nania
Executive Director
LegalDocumented · Medium materiality
Skaland shareholder dispute settled
BSG Mining brought proceedings against MRC Graphite over their Skaland shareholder deed. The WA Supreme Court granted interlocutory relief in April 2023; Nania was BSG’s director and Skaland nominee. MRC announced a no-admission settlement to buy BSG’s approximately 10% stake for US$1.9m and reported that Nania had resigned from the Skaland board after the first payment in July 2023. MRC subsequently reported the settlement fully executed.
Individual involvement documented · The case records Nania’s role and affidavits, not any finding of personal wrongdoing. The interlocutory decision was not a final judgment on the disputed merits.
BSG Mining v MRC Graphite [2023] WASC 128 · paragraphs 1–9 and balance of convenience
2023 annual report · battery minerals review
2023 half-year results and financial statements · pp.5–6, Review of Operations, Battery Minerals
GovernanceIssuer Reported · Medium materiality
Partner and funding relationships disclosed
The January 2026 appointment announcement says Nania was a director and shareholder of both Arctic Graphite and Graphite Investment Partners, counterparties to IG6’s proposed European processing project; it describes proposed deliverables and a contingent share issue.
Individual involvement documented · The arrangements were disclosed. The announcement does not establish that the contingent shares were issued, that deliverables were achieved, or any wrongdoing.
Director appointment – leading graphite industry investor and financier Aidan Nania · pp.2–3 Previous Agreements
Evidence gaps · 5
- Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
- No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
- Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
- Full confidential Skaland settlement terms and individual economic interests were not available.
- Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.
Robert Hodby
Chief Financial Officer, Company Secretary
EducationIssuer Reported · Medium materiality
Commerce and professional memberships reported
The 2023 annual report describes a Murdoch University Bachelor of Commerce and memberships of CPA Australia and the Governance Institute of Australia.
Responsibility not applicable · Issuer-reported qualifications and memberships have not been independently verified.
2023 annual report · p.24 Robert Hodby biography
Company SuccessIssuer Reported · Medium materiality
Financing and cash position
IG6’s 2026 annual report records an A$2.05m June working-capital deficit including A$1.85m in unearned government grants, and a subsequent August placement of about A$2.35m before costs. The September 2026 quarterly reports A$3.352m cash at quarter end.
Role overlaps event; causation unproven · Hodby was CFO; filings do not establish his individual contribution. The working-capital deficit is not the same as an immediate cash shortfall.
2026 Annual Report and Financial Statements · pp.38,45–46
September 2026 quarterly activities and cash flow · p.11 appendix 5B
Evidence gaps · 4
- Independent verification of the complete career chronology, education and professional memberships is not established by the sources reviewed.
- No comprehensive regulator, court, safety, environment or litigation-record review was completed; absence of a finding here is not a clearance.
- Individual contribution to employer outcomes and concurrent board interests require additional source-level verification.
- Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.
Christoph Frey
Technical adviser (disclosed March 2026; continuation unconfirmed)
Personal SuccessDocumented · Medium materiality
Inventor of graphite purification patent
The 2024 Australian Patent Office decision identifies Frey as inventor of EcoGraf application 2021261902 and records successful oppositions to then-filed claims on several grounds, with the applicant allowed to amend. EcoGraf reported that IP Australia granted the patent in August 2025 following finalisation of the oppositions.
Individual involvement documented · Frey was a named inventor and provided evidence; the opposition is an intellectual-property dispute, not a personal misconduct finding. The later grant is company-reported.
Renascor and Dorfner v EcoGraf [2024] APO 13 · decision pp.1–5
Role FitAnalyst Inference · Medium materiality
Graphite process expertise
The March 2026 IG6 presentation identifies Frey as a technical advisor and describes his ProGraphite and former AMG graphite roles. The detailed employment periods and continued advisory engagement at the cutoff are not independently established.
Responsibility not applicable · Role-fit assessment is an inference from the issuer biography; it does not establish delivery outcomes.
PDAC presentation · p.15
Evidence gaps · 4
- The issuer’s March 2026 adviser listing does not establish continued engagement on 31 October 2026.
- Independent verification of professional qualifications, full past tenures and German regulatory/court records is incomplete.
- Actual commercial role, payments and contractual terms with IG6 are not established from the cited sources.
- Historical 9 October search-log entries are inherited and their execution and exact scope could not be independently reconstructed in the 31 October audit. Broad keyword searches do not establish complete person-specific regulatory, court, safety or environmental coverage.
Company ownership
Investors & shareholders
Top registered shareholders
Register at 2025-06-30 · 193,558,330 issued shares
| # | Investor / registered holder | % issued shares | Shares held |
|---|---|---|---|
| 1 | 6.16% | 11,920,963 | |
| 2 | 3.40% | 6,586,800 | |
| 3 | 2.73% | 5,276,320 | |
| 4 | 1.76% | 3,400,000 | |
| 5 | 1.58% | 3,054,589 | |
| 6 | 1.56% | 3,020,000 | |
| 7 | 1.50% | 2,900,400 | |
| 8 | 1.44% | 2,780,000 | |
| 9 | 1.41% | 2,735,384 | |
| 10 | 1.29% | 2,500,000 | |
| 11 | 1.20% | 2,325,000 | |
| 12 | 1.17% | 2,260,000 | |
| 13 | 1.17% | 2,260,000 | |
| 14 | 1.14% | 2,200,000 | |
| 15 | 1.06% | 2,050,000 | |
| 16 | 1.04% | 2,010,001 | |
| 17 | 1.03% | 2,000,000 | |
| 18 | 1.03% | 2,000,000 | |
| 19 | 0.98% | 1,896,092 | |
| 20 | 0.90% | 1,750,000 | |
| 21 | 0.88% | 1,700,000 | |
| 22 | 0.85% | 1,636,363 |
Sources & review notesEvidence checked through 2026-10-09
Coverage and limitations
- No newer complete register was located in the reviewed cache. Measurement date is inferred from the annual report period because the top-20 page does not state a separate date.
Sources
- Annual Report to shareholders 2025
ASX announcement / International Graphite Limited · Published 2025-10-13 · Accessed 2026-10-09
Top-20 holders and 193,558,330 shares on issue; annual report period ended 30 June 2025.
page 78, 20 Largest shareholders – ordinary shares, local copy downloads/IG6/2025/2025-10-13_Annual Report to shareholders_d513dfb636a17908.pdf
Disclosed activity
Insider transactions
Trading activity44 buys · 0 sells shownNet cash last 12 months A$415.1kShow chartHide chart
On-market buyPlacement / plan subscriptionSaleMarker size = cash valueGrant, exercise, expiry or transferBars: cash bought (up) and sold (down) per month
| Date | Person / account | Activity / security | Quantity | Cash consideration | Price | Holding after |
|---|---|---|---|---|---|---|
| 2026-09-03 | Andrew WorlandBadlands Super Pty Ltd <Thunder Road Super Fund A/C>
Details & evidence for Andrew Worland on 2026-09-03As disclosed: Off-market transfer from the director’s direct holding.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ | Transfer InFully paid ordinary shares | 350,000 | —Non Cash | — | 630,000 |
| 2026-09-03 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2026-09-03As disclosed: Off-market transfer to Badlands Super Pty Ltd <Thunder Road Super Fund A/C>.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ | Transfer OutFully paid ordinary shares | 350,000 | —Non Cash | — | 2,680,000 |
| 2026-08-20 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2026-08-20As disclosed: Participation in Placement; 125,000 unlisted options expiring 19/08/2028 at $0.08
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Application for quotation of securities - IG6 ↗ Application for quotation of securities - IG6 ↗ | GrantUnlisted options, A$0.08 exercise price, expiring 19 August 2028 | 125,000 | —Non Cash | — | 125,000 |
| 2026-08-20 | Aidan NaniaAidan Nania
Details & evidence for Aidan Nania on 2026-08-20As disclosed: 250,000 unlisted options at $0.08 expiring 19/08/2028; participation in placement
Castle Invest Pty Ltd · beneficiary Castle Invest Pty Ltd <Vila Holdings A/C> · registered account Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Application for quotation of securities - IG6 ↗ Application for quotation of securities - IG6 ↗ | GrantUnlisted options, A$0.08 exercise price, expiring 19 August 2028 | 250,000 | —Non Cash | — | 250,000 |
| 2026-08-20 | Phil HearseJuad Pty Ltd <Hayes Hearse Super Fund A/C>
Details & evidence for Phil Hearse on 2026-08-20As disclosed: Participation in Placement; 187,500 unlisted options expiring 19/08/2028 at $0.08
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Application for quotation of securities - IG6 ↗ Application for quotation of securities - IG6 ↗ | GrantUnlisted options, A$0.08 exercise price, expiring 19 August 2028 | 187,500 | —Non Cash | — | 187,500 |
| 2026-08-20 | Liam FarleyXcelsior Capital Management Limited
Details & evidence for Liam Farley on 2026-08-20As disclosed: Participation in Placement; 4,500,000 unlisted options expiring 19/08/2028 at $0.08
Xcelsior Capital Management Limited · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Application for quotation of securities - IG6 ↗ Application for quotation of securities - IG6 ↗ | GrantUnlisted options, A$0.08 exercise price, expiring 19 August 2028 | 4,500,000 | —Non Cash | — | 4,500,000 |
| 2026-08-20 | Liam FarleyXcelsior Capital Management Limited
Details & evidence for Liam Farley on 2026-08-20As disclosed: Participation in placement; cash consideration A$360,000.
Xcelsior Capital Management Limited · director and shareholder Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 9,000,000 | AUD 360,000.00 | AUD 0.04Calculated average | 9,000,000 |
| 2026-08-20 | Aidan NaniaAidan Nania
Details & evidence for Aidan Nania on 2026-08-20The 21 August Appendix 3Y labels the acquired and after-change 2,500,000 rights Class H, while its class key maps code (2.2) to Class I. The 22 October AGM notice p15 identifies the then-current 2,000,000 Class H and 2,500,000 Class I rights. Cancellation was conditional on Resolution 6 at the 23 November meeting and had not occurred by the cutoff. As disclosed: Performance incentives granted for nil consideration.
Castle Invest Pty Ltd · beneficiary Castle Invest Pty Ltd <Vila Holdings A/C> · registered account Change of Director's Interest Notice x 4 ↗ Notice of General Meeting/Proxy Form ↗ Results of Meeting ↗ Notice of Annual General Meeting/Proxy Form ↗ | GrantClass I incentive performance rights | 2,500,000 | —Non Cash | — | — |
| 2026-08-20 | Aidan NaniaAidan Nania
Details & evidence for Aidan Nania on 2026-08-20As disclosed: Performance incentives granted for nil consideration.
Castle Invest Pty Ltd · beneficiary Castle Invest Pty Ltd <Vila Holdings A/C> · registered account Change of Director's Interest Notice x 4 ↗ Notice of General Meeting/Proxy Form ↗ Results of Meeting ↗ | GrantClass H incentive performance rights | 2,000,000 | —Non Cash | — | — |
| 2026-08-20 | Aidan NaniaCastle Invest Pty Ltd <Vila Holdings A/C>
Details & evidence for Aidan Nania on 2026-08-20As disclosed: Participation in placement; cash consideration A$20,000.
Castle Invest Pty Ltd · beneficiary Castle Invest Pty Ltd <Vila Holdings A/C> · registered account Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 500,000 | AUD 20,000.00 | AUD 0.04Calculated average | 750,000 |
| 2026-08-20 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2026-08-20As disclosed: Participation in placement; cash consideration A$10,000.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 250,000 | AUD 10,000.00 | AUD 0.04Calculated average | 3,030,000 |
| 2026-08-20 | Phil HearseJuad Pty Ltd <Hayes Hearse Super Fund A/C>
Details & evidence for Phil Hearse on 2026-08-20As disclosed: Participation in placement; cash consideration A$15,000.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice x 4 ↗ | SubscriptionFully paid ordinary shares | 375,000 | AUD 15,000.00 | AUD 0.04Calculated average | 14,670,962 |
| 2026-08-05 | Aidan NaniaCastle Invest Pty Ltd <Vila Holdings A/C>
Details & evidence for Aidan Nania on 2026-08-05As disclosed: On market
Castle Invest Pty Ltd · beneficiary Castle Invest Pty Ltd <Vila Holdings A/C> · registered account Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 250,000 | AUD 10,145.00 | — | 250,000 |
| 2025-08-15 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2025-08-15As disclosed: On market
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 10,000 | AUD 594.06 | — | 2,116,208 |
| 2025-08-01 | Phil HearseJuad Pty Ltd <Hayes Hearse Super Fund A/C>
Details & evidence for Phil Hearse on 2025-08-01As disclosed: On market
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 19,999 | AUD 1,239.99 | — | 14,757,325 |
| 2025-08-01 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2025-08-01As disclosed: On market
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 10,000 | AUD 619.95 | — | 2,106,208 |
| 2025-07-30 | Phil HearseJuad Pty Ltd <Hayes Hearse Super Fund A/C>
Details & evidence for Phil Hearse on 2025-07-30As disclosed: Off Market
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 2,000,000 | AUD 100,000.00 | — | 14,737,326 |
| 2024-06-25 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2024-06-25As disclosed: On market
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 9,077 | AUD 591.00 | — | 2,096,208 |
| 2024-06-21 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2024-06-21As disclosed: Placement share issue approved at the 5 June 2024 general meeting; disclosed consideration A$600.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change in substantial holding ↗ | SubscriptionFully paid ordinary shares | 7,375 | AUD 600.00 | AUD 0.081356Calculated average | 2,087,131 |
| 2024-06-19 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2024-06-19As disclosed: Placement share issue approved at the 5 June 2024 general meeting; disclosed consideration A$600.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | SubscriptionFully paid ordinary shares | 6,484 | AUD 600.00 | AUD 0.092535Calculated average | 2,082,168 |
| 2024-06-14 | Matthew O’KaneSung Life Enterprises Pty Ltd
Details & evidence for Matthew O’Kane on 2024-06-14As disclosed: On-market purchase
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 70,000 | AUD 5,678.00 | — | 130,000 |
| 2024-06-12 | Matthew O’KaneSung Life Enterprises Pty Ltd
Details & evidence for Matthew O’Kane on 2024-06-12As disclosed: On-market purchase
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 60,000 | AUD 5,280.00 | — | 60,000 |
| 2024-06-06 | Phil HearseJuad Pty Ltd
Details & evidence for Phil Hearse on 2024-06-06As disclosed: Issue of Placement Shares pursuant to shareholder resolution at a general meeting on 5 June 2024
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change in substantial holding ↗ Change in substantial holding ↗ Annual Report to shareholders ↗ Correction to International Graphite Annual Report ↗ | SubscriptionFully paid ordinary shares | 800,000 | AUD 100,000.00 | — | 800,000 |
| 2024-06-06 | Phil HearseBattery Limited Pty Ltd
Details & evidence for Phil Hearse on 2024-06-06As disclosed: Issue of Placement Shares pursuant to shareholder resolution at a general meeting on 5 June 2024
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change in substantial holding ↗ | SubscriptionFully paid ordinary shares | 960,000 | AUD 120,000.00 | — | 1,460,000 |
| 2024-05-17 | Andrew WorlandBadlands Super Pty Ltd <Thunder Road Super Fund A/C>
Details & evidence for Andrew Worland on 2024-05-17As disclosed: Share purchase plan acceptance
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | SubscriptionFully paid ordinary shares | 80,000 | AUD 10,000.00 | — | 280,000 |
| 2024-05-17 | David PassDavid Pass
Details & evidence for David Pass on 2024-05-17As disclosed: Share purchase plan acceptance
Maria Pass · spouse Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ Change of Director's Interest Notice x3 ↗ | SubscriptionFully paid ordinary shares | 80,000 | AUD 10,000.00 | — | 3,120,000 |
| 2023-12-29 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-29As disclosed: On-market purchase.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 3,000 | AUD 489.95 | AUD 0.163317Calculated average | 76,501 |
| 2023-12-22 | Andrew WorlandBadlands Super Pty Ltd <Thunder Road Super Fund A/C>
Details & evidence for Andrew Worland on 2023-12-22As disclosed: On-market purchase
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 12,110 | AUD 1,923.00 | — | 190,000 |
| 2023-12-14 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-14As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 1,500 | AUD 264.95 | — | 73,501 |
| 2023-12-13 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-13As disclosed: On-market purchase; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 2,000 | AUD 350.01 | AUD 0.175005Calculated average | 72,001 |
| 2023-12-11 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-11As disclosed: On-market purchase; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 2,500 | AUD 447.45 | AUD 0.17898Calculated average | — |
| 2023-12-06 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-06As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 7,000 | AUD 1,194.80 | — | 67,501 |
| 2023-12-04 | Matthew O’KaneMing Jung Cha <The Freshwater A/C>
Details & evidence for Matthew O’Kane on 2023-12-04As disclosed: 500,000 CLASS D INCENTIVE PERFORMANCE RIGHTS
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass D incentive performance rights | 500,000 | —Non Cash | — | 500,000 |
| 2023-12-04 | Matthew O’KaneMing Jung Cha <The Freshwater A/C>
Details & evidence for Matthew O’Kane on 2023-12-04As disclosed: 500,000 CLASS C INCENTIVE PERFORMANCE RIGHTS
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass C incentive performance rights | 500,000 | —Non Cash | — | 500,000 |
| 2023-12-04 | Matthew O’KaneMing Jung Cha <The Freshwater A/C>
Details & evidence for Matthew O’Kane on 2023-12-04As disclosed: 500,000 CLASS A INCENTIVE PERFORMANCE RIGHTS
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass A incentive performance rights | 500,000 | —Non Cash | — | 500,000 |
| 2023-12-04 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-12-04As disclosed: On-market purchase.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 1,000 | AUD 174.95 | AUD 0.17495Calculated average | 60,501 |
| 2023-12-04 | David PassDavid Pass
Details & evidence for David Pass on 2023-12-04Notice row uses a conflicting account label (“1.8”) for this Class G grant. The class key and before/after balances show Class F unchanged and Class G increasing by 600,000. As disclosed: Granted under the employee securities incentive plan; nil consideration.
Maria Pass · spouse Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass G incentive performance rights | 600,000 | —Non Cash | — | — |
| 2023-12-04 | David PassDavid Pass
Details & evidence for David Pass on 2023-12-04As disclosed: Granted under the employee securities incentive plan; nil consideration.
Maria Pass · spouse Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass D incentive performance rights | 1,000,000 | —Non Cash | — | — |
| 2023-12-04 | David PassDavid Pass
Details & evidence for David Pass on 2023-12-04As disclosed: Granted under the employee securities incentive plan; nil consideration.
Maria Pass · spouse Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass C incentive performance rights | 1,000,000 | —Non Cash | — | — |
| 2023-12-04 | David PassDavid Pass
Details & evidence for David Pass on 2023-12-04As disclosed: Granted under the employee securities incentive plan; nil consideration.
Maria Pass · spouse Change of Director's Interest Notice ↗ Notice of Annual General Meeting/Proxy Form ↗ Results of Meeting ↗ Notification regarding unquoted securities - IG6 ↗ | GrantClass A incentive performance rights | 1,000,000 | —Non Cash | — | — |
| 2023-11-03 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2023-11-03As disclosed: On-market purchase in spouse account; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 4,647 | AUD 799.94 | AUD 0.172141Calculated average | 75,684 |
| 2023-11-02 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-11-02As disclosed: On-market purchase; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 919.90 | AUD 0.18398Calculated average | 59,501 |
| 2023-10-25 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-10-25As disclosed: On-market purchase; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 914.00 | AUD 0.1828Calculated average | 54,501 |
| 2023-10-20 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-10-20As disclosed: On-market purchase; cash as disclosed.
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 2,500 | AUD 397.00 | AUD 0.1588Calculated average | — |
| 2023-10-20 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2023-10-20As disclosed: On-market purchase; cash as disclosed.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 27,890 | AUD 4,198.00 | AUD 0.15052Calculated average | 177,890 |
| 2023-10-11 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2023-10-11As disclosed: On-market purchase
Replaces 1 earlier record(s). Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Correction to Change of Director's Interest Notice ↗ Correction to Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 885.00 | — | 71,037 |
| 2023-10-11 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-10-11As disclosed: On-market purchase
Replaces 1 earlier record(s). Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Correction to Change of Director's Interest Notice ↗ Correction to Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 10,000 | AUD 1,745.00 | — | 47,001 |
| 2023-07-24 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2023-07-24As disclosed: 1,000,000 Class B rights converted to ordinary shares.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ | ExerciseClass B incentive performance rights | 1,000,000 | —Non Cash | — | — |
| 2023-07-24 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2023-07-24As disclosed: 1,000,000 ordinary shares issued on nil-consideration exercise of Class B incentive performance rights.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice ↗ Application for quotation of securities - IG6 ↗ | ExerciseFully paid ordinary shares | 1,000,000 | —Non Cash | — | 1,100,000 |
| 2023-05-26 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2023-05-26As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 2,613 | —Not Disclosed | — | 66,037 |
| 2023-05-26 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-05-26As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 7,500 | AUD 1,762.00 | — | 37,001 |
| 2023-05-22 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-05-22As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 2,500 | AUD 1,323.00 | — | 29,501 |
| 2023-03-28 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-03-28As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 960.00 | — | 27,001 |
| 2023-03-27 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-03-27As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 985.00 | — | 22,001 |
| 2023-03-24 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2023-03-24As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 5,077 | AUD 975.00 | — | 63,424 |
| 2023-03-23 | Phil HearseJuad Pty Ltd <Hayes Hearse Super Fund A/C>
Details & evidence for Phil Hearse on 2023-03-23As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 5,000 | AUD 920.00 | — | 1,815,658 |
| 2023-03-22 | Phil HearseRobyn Mignon Hearse
Details & evidence for Phil Hearse on 2023-03-22As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ | PurchaseFully paid ordinary shares | 8,347 | AUD 1,618.00 | — | 58,347 |
| 2023-03-21 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-03-21As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 4,950 | AUD 926.00 | — | 4,951 |
| 2023-03-21 | Phil HearsePhil Hearse
Details & evidence for Phil Hearse on 2023-03-21As disclosed: On-market purchase
Juad Pty Ltd · director and beneficiary Juad Pty Ltd <Hayes Hearse Super Fund A/C> · interest held through this super fund Battery Limited Pty Ltd · director and shareholder Robyn Mignon Hearse · spouse Change of Director's Interest Notice ↗ Change of Director's Interest Notice ↗ Change in substantial holding ↗ | PurchaseFully paid ordinary shares | 12,050 | AUD 2,184.00 | — | 17,001 |
| 2023-03-20 | Matthew O’KaneMatthew O’Kane
Details & evidence for Matthew O’Kane on 2023-03-20As disclosed: On-market purchase; disclosed cash A$5,980.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Change of Director's Interest Notice X2 ↗ | PurchaseFully paid ordinary shares | 30,000 | AUD 5,980.00 | AUD 0.199333Calculated average | 30,000 |
| 2023-03-20 | Andrew WorlandAndrew Worland
Details & evidence for Andrew Worland on 2023-03-20As disclosed: On-market purchase; disclosed cash A$19,030.
Badlands Super Pty Ltd · director and beneficiary; registered holder for indirect shares Badlands Super Pty Ltd <Thunder Road Super Fund A/C> · interest through fund account Change of Director's Interest Notice X2 ↗ | PurchaseFully paid ordinary shares | 100,000 | AUD 19,030.00 | AUD 0.1903Calculated average | 200,000 |
Disclosed holding observations8 dated positions
Initial, final and threshold notices describe positions; these are not counted as purchases or sales.
| Holding at | Person / group | Type / security | Quantity | Percentage |
|---|---|---|---|---|
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalFully paid ordinary shares | 30,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalUnlisted options, A$0.30 exercise price, exp 1 April 2027 | 480,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalUnlisted options, A$0.40 exercise price, exp 1 April 2027 | 720,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalClass A incentive performance rights | 500,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalClass C incentive performance rights | 500,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalClass D incentive performance rights | 500,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalClass F incentive performance rights | 1,200,000 | — |
| 2025-07-28 | Matthew O’Kane
Details & evidence for Matthew O’Kane on 2025-07-28Final position disclosed at cessation as director; not a transaction.
Ming Jung Cha <The Freshwater A/C> · spouse; beneficiary of account Sung Life Enterprises Pty Ltd · director and shareholder Final Director's Interest Notice ↗ | FinalFully paid ordinary shares | 130,000 | — |
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Sign in or enter a guest codeChronological evidenceSource-document inventory14 documents
IG6 ASX ordinary-share closing priceMarket Data · HighExtracted
Latest eligible local ASX close returned by miners.reference_price: 25 September 2026 raw close A$0.037, volume 1,183,105, AUD ordinary share; source provider market data provider via miners.collect_stock_prices.
- Document ID
- price_sep_2026
- Published UTC
- 2026-09-25T06:00:00Z
- Projects
- —
- Commodities
- —
Construction finance secured for CollieFinancing · HighExtracted
Issuer ASX announcement of executed NAB secured business markets loan and overdraft facilities totalling approximately A$1.5m; loan draw and facility split are undisclosed.
- Document ID
- collie_finance_sep_2026
- Published UTC
- 2026-09-24T00:00:00Z
- Projects
- collie
- Commodities
- graphite
High-value Collie product capabilityGuidance · HighPartial
Syndicated reproduction of the issuer release describes a spot-price, 12-month earnings snapshot, not a financial forecast.
- Document ID
- aug_products_2026
- Published UTC
- 2026-08-24T23:26:00Z
- Projects
- collie
- Commodities
- graphite
A$4.4m placement completedFinancing · HighPartial
Syndicated issuer placement completion account; Tranche 2 was allotted on 20 August, completing the announced A$4.4m raise.
- Document ID
- placement_aug_2026
- Published UTC
- 2026-08-20T22:02:00Z
- Projects
- —
- Commodities
- —
Quarterly activities and Appendix 5B to 30 June 2026Results · HighExtracted
Issuer quarterly report mirrors the ASX filing and gives June cash, financing, project status, resource and commercial arrangements.
- Document ID
- quarter_jun_2026
- Published UTC
- 2026-07-30T01:22:00Z
- Projects
- collie · porto · springdale · arctic
- Commodities
- graphite
Collie construction contractOperations · HighPartial
Prosser Built was awarded the Collie process-building contract, within the budgeted staged capital estimate.
- Document ID
- collie_contract_2026
- Published UTC
- 2026-06-29T00:00:00Z
- Projects
- collie
- Commodities
- graphite
Wogen heads of terms for sales and feedstockEconomic Arrangement · HighPartial
Non-binding heads of terms for Wogen sales, feedstock sourcing and marketing support.
- Document ID
- wogen_jun_2026
- Published UTC
- 2026-06-24T22:39:00Z
- Projects
- collie
- Commodities
- graphite
Alkeemia / IG6 technical and financial evaluationStudy · HighPartial
Issuer evaluation gives IG6 attributable 12-month operating snapshot; explicitly not a financial forecast.
- Document ID
- eval_jun_2026
- Published UTC
- 2026-06-17T00:00:00Z
- Projects
- porto
- Commodities
- graphite
Binding Alkeemia JV and shareholders agreementEconomic Arrangement · HighPartial
Binding Porto Marghera processing JV; Alkeemia owns 51%, IG6 49%, profits shared equally, with IG6 funding initial development.
- Document ID
- jv_may_2026
- Published UTC
- 2026-05-26T23:51:00Z
- Projects
- porto
- Commodities
- graphite
Interim financial report to 31 December 2025Results · HighPartial
Half-year filing identifies executive roster, cash and processing strategy.
- Document ID
- half_2025
- Published UTC
- 2026-03-13T00:00:00Z
- Projects
- collie · porto · springdale
- Commodities
- graphite
FY2025 annual reportResults · HighPartial
FY2025 baseline for issuer, leadership and mine-to-market strategy; later releases update capital and arrangements.
- Document ID
- annual_2025
- Published UTC
- 2025-10-13T00:00:00Z
- Projects
- collie · springdale · arctic
- Commodities
- graphite
Arctic Graphite cooperation agreementEconomic Arrangement · HighPartial
Cooperation agreement to form 50/50 expandable graphite JV subject to further project decisions.
- Document ID
- arctic_jul_2025
- Published UTC
- 2025-07-28T00:00:00Z
- Projects
- arctic
- Commodities
- graphite
Collie micronising FEED resultsStudy · HighPartial
FEED supports staged Collie micronising capacity and capital estimate.
- Document ID
- collie_feed_2025
- Published UTC
- 2025-03-20T00:00:00Z
- Projects
- collie
- Commodities
- graphite
Springdale mineral resource updateResource Update · HighPartial
Source of the 49.3 Mt total graphite mineral resource subsequently reaffirmed in the June 2026 quarterly.
- Document ID
- resource_2023
- Published UTC
- 2023-09-12T00:00:00Z
- Projects
- springdale
- Commodities
- graphite
Evidence facts75
Andrew Worland None
2025-10-13David Pass None
2025-10-13Robert Hodby None
2025-10-1310000 t/y
2025-10-131080708 AUD
2025-06-30629942 AUD
2025-06-3025800000 AUD
2025-03-20847337 AUD
2025-06-301125000 AUD
2025-07-311438955 AUD
2025-12-311820168 AUD
2025-12-31Aidan Nania None
2026-01-134000 t/y
2025-12-31273814 AUD
2025-12-3119000000 rights
2025-12-312712000 AUD
2026-06-301400000 AUD
2026-06-302600000 AUD
2026-06-307600000 AUD
2026-06-30256658435 shares
2026-06-3018000000 options
2026-06-3058816313 shares
2026-06-3062500000 options
2026-06-3049.3 Mt
2026-06-302800000 AUD
2026-06-30True None
2026-06-3050 %
2026-06-30True None
2026-06-30True None
2026-06-30Q3 2026 None
2026-06-30124621 AUD
2026-06-301096000 AUD
2026-03-3149 %
2026-05-2750 %
2026-05-2710000 t/y
2026-05-2712000000 AUD
2026-06-1710500 t/y
2026-06-1720100000 AUD/y
2026-06-1712200000 AUD/y
2026-06-17Q3 2026 None
2026-06-17H2 2027 None
2026-06-173000 t/y
2026-06-2510000 t/y
2026-06-25True None
2026-06-2550 %
2025-07-283000 t/y
2025-07-285000000 EUR
2025-07-2812.5 %
2025-07-2850 %
2025-07-2849.3 Mt
2023-09-126.5 % TGC
2023-09-126300000 AUD
2025-03-201700000 AUD
2025-03-207500 t/y
2025-03-206300000 AUD
2026-06-291700000 AUD
2026-06-29Q2 2027 None
2026-06-2958816313 shares
2026-08-202352652.52 AUD
2026-08-2055000000 options
2026-08-200.08 AUD/share
2026-08-2026000000 AUD/y
2026-08-2532400000 AUD/y
2026-08-2511100000 AUD/y
2026-08-2514200000 AUD/y
2026-08-254300 t/y
2026-08-256400 t/y
2026-08-25mid-2027 None
2026-08-251500000 AUD
2026-09-242 years
2026-09-2413 years
2026-09-24True None
2026-09-24Q2 2027 None
2026-09-240.037 AUD/share
2026-09-251183105 shares
2026-09-25