International Graphite Limited has released a 12-month operational and financial snapshot for its Collie micronising facility in Western Australia, indicating potential annual revenue of $26.0 million to $32.4 million and annual EBITDA of $11.1 million to $14.2 million.

The updated financial indicators are based on prevailing spot prices, operational modelling, and the specific sales mix of finished products, and do not constitute formal financial guidance. The figures reflect equipment selections that give the facility the capability to produce superfine, high-value materials alongside standard grades.

The selected milling equipment targets an output of 4,300 to 6,400 tonnes per year of standard and high-grade finished products with particle sizes between 5μm and 45μm. Production volumes will be directed toward maximising margins across product lines based on customer demand rather than simply pushing maximum tonnage. Finer finished products carry higher unit sales prices for both standard grades at 94% to 95% total graphitic carbon and high-purity grades at 99.0% to 99.9% total graphitic carbon, though manufacturing throughput rates are lower.

The latest revenue projection marks a substantial increase from the March 2025 Front End Engineering and Design study, which estimated average sales revenue of approximately $14.1 million per annum for roughly 4,000 tonnes per year of production.

Construction of the production building and installation of the first milling equipment remain on track for completion during the second quarter of 2027. Vendor testing for additional milling machinery has concluded, with equipment orders being prepared for delivery before the end of the second quarter of 2027.

Commissioning of Australia's first commercial-scale graphite micronising facility is scheduled for mid-2027. Initial operations will commence with one eight-hour shift five days per week across the first 12 months, building gradually toward continuous 24/7 operations based on conservative market entry assumptions.

Key cost of goods sold inputs remain unchanged from the FEED study, with approximately 75% of operating costs classed as variable. The facility also benefits from a non-binding Heads of Terms agreement with Wogen Pacific Limited to provide a direct distribution pathway to established Asia-Pacific customers and support future feedstock requirements.

International Graphite is advancing the Collie downstream processing operations as part of a wider strategy that includes future integration with the Springdale Graphite Project in Western Australia to secure a dedicated domestic feedstock supply over time.

Read the full announcement: High value graphite products drive earnings capability