Categories
Small Business Funding

International Graphite secures funding for construction start on graphite micronising facility at Collie [Video]

International Graphite Ltd (ASX:IG6) is preparing to begin construction at the Collie Micronising Facility in Western Australia after entering into a funding agreement with the WA Department of Jobs, Tourism, Science and Innovation (JTSI) for $4.5 million.

The agreement, made on behalf of the State Government of Western Australia, will be drawn down over the project construction period as milestones are achieved.

IG6 expects to use about $2 million of the grant for the first stage of construction, building a 3,000-tonne-per-year micronising facility at a total estimated capital cost of about $4 million – Stage 1 is already fully funded to mechanical completion.

The remaining $2.5 million will be applied to the second stage of facility expansion, which is set to double production capacity to about 10,000 tonnes per year.

Mine-to-market strategy

“We are excited to be pushing ahead with the construction of the new plant at Collie,” International Graphite managing director and CEO Andrew Worland …

Watch/Read More

Most Popular Posts Today

New Year’s Resolution Bootstrap a Startup with a Paycheck and 1Mby1M [Video]
►
Categories
Small Business Funding

New Year's Resolution Bootstrap a Startup with a Paycheck and 1Mby1M [Video]

We are in 2025. Hundreds of thousands of tech businesses have already been built successfully. Let's learn from those who have come before us. Girish Navani started eClinicalWorks, a healthcare IT venture by bootstrapping with a paycheck. Girish scaled to over $500M in revenue. Since 2006, I have spent thousands of hours interviewing successful entrepreneurs. Listening. Asking questions. Understanding. Extrapolating. Learning about their mistakes. Capturing their lessons from the trenches. I encapsulated their anecdotal knowledge into Methodology. I have been running One Million by One Million (1Mby1M) since 2010. Our unwavering mission has been to democratize entrepreneurship education, incubation and acceleration. What is Core Startup Methodology? Bootstrapping. Positioning. Market Sizing. Customer Validation. Customer Acquisition. Financing. Team Building. We have to learn Domain Specific nuances. We call them Electives. Artificial Intelligence. Machine

Most Popular This Week