Australia's International Graphite rises on positive feedback from US Department of Defence

ReutersMay 19, 2025 4:22 AM

Shares of miner International Graphite IG6.AX rise as much as 15.1% to A$0.061

Stock on track for its biggest intraday pct gain since May 5

Co says that U.S. Department of Defence said co's proposal for a potential $7.5 million feasibility study of an integrated graphite 'mine to market' strategy met requirements for consideration for funding

Trading volume more than 297,000, 1.6x 30-day average

Stock up 20% YTD

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