International Graphite lists on the Frankfurt stock exchange

Battery-focused International Graphite has started trading on the Frankfurt Stock Exchange, providing it with the opportunity to engage with European investors and stakeholders.

This comes as the company plans to pursue sales contracts for its battery anode graphite and to capture a share of Europe’s progressive battery market.

International Graphite (ASX:IG6) is also investigating advanced technology from Germany and has commenced discussions with German downstream battery technologies companies for testing of its graphite concentrates.

“Listing on the Frankfurt exchange signals our intention to develop close ties with Europe, particularly in the German market, and broaden our stakeholder engagement,” executive chairman Phil Hearse said.

German Institute for Asset and Equity Allocation and Valuation (DGWA) chief executive officer Stefan Müller said this is right time for International Graphite to dual list in Frankfurt.

“The tailwinds for downstream graphite companies in Europe are significant as car makers and OEMs attempt to lock in long term supply agreements and investors seek companies offering sustainably and ethically sourced battery metals and materials, such as from International Graphite’s future production,” he added.

DGWA represents the company in Europe and will continue to provide support as investor relations specialist and corporate advisor.

The company’s vertically-integrated projects incorporate the Springdale Graphite Resource and planned downstream Collie processing facilities, both located in the world leading mining centre of WA.

This article was developed in collaboration with International Graphite, a Stockhead advertiser at the time of publishing.

This article does not constitute financial product advice. You should consider obtaining independent advice before making any financial decisions.