Australian Mining Company InVert Graphite Receives AUD 440,000 Grant, Plans to Acquire Graphite Technology
2026-06-29 08:49
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en.Wedoany.com Reported - Australian mining company InVert Graphite (ASX:IVG) is building a supply chain solution for Western battery markets by integrating natural graphite resources from Tanzania with local processing technology in Australia.

This Sydney-based junior explorer, formerly known as Dominion Minerals, has transformed into a supplier of critical minerals and battery anode materials, with its core asset being the Morogoro Graphite Project in Tanzania. This high-grade deposit can access global markets via sealed roads, railways, and port infrastructure.

InVert has signed a binding conditional agreement to acquire RapidGraphite, the license holder of the RapidPulse graphite processing technology, which was developed in collaboration with Curtin University in Western Australia. This technology has the potential to achieve low-cost, high-grade graphite production by converting natural graphite, graphite powder, and other carbon-rich feedstocks into higher-value graphite products.

Early test results show that using a non-acid purification process, Morogoro graphite samples can achieve a purity of approximately 99%, with graphitization degree increasing from about 90.7% to 98.8%. The technology can also process fine graphite powder typically lost during spheronization, the process of converting flake graphite into spherical materials suitable for batteries. InVert Managing Director Andrew Lawson stated that achieving acid-free high-purity graphite is one of the most important early signals, and the ability to utilize fine powder means that reusable materials will be "significantly enhanced," potentially leading to higher product yields and a cleaner processing path based on the same mined materials.

The RapidPulse technology also extends InVert's business scope beyond natural graphite. The company believes that carbon-rich materials such as charcoal, and even biomass, could be converted into synthetic graphite for lithium-ion batteries through appropriate processing. Lawson noted that utilizing low-value feedstocks for cleaner graphitization could provide InVert with multiple pathways into the battery anode market.

The Morogoro Project remains central. InVert completed an initial drilling program within six months of listing, which confirmed thick, consistent, high-grade graphite mineralization within the initial exploration area. The first mineral resource estimate is underway and will provide investors with an official measure of Morogoro's scale and grade. Over the next year, InVert plans to conduct ground electromagnetic surveys, further drilling, metallurgical testing, and battery sustainability testing.

The acquisition of RapidGraphite also deepens InVert's collaboration with Curtin University. RapidGraphite has access to a pre-pilot Centorr furnace at Curtin University, capable of processing samples up to 1 kg, providing a pathway from early testing to reproducible production. The acquisition also enables InVert to receive nearly AUD 440,000 in funding from the Australian government-backed AEA Ignite program to support technology scale-up.

InVert has also secured firm commitments for a AUD 2.5 million placement, including AUD 700,000 from existing directors, with proceeds to support RapidPulse trials and the broader graphite strategy. Shareholder approval for the RapidGraphite transaction and placement will be sought at a special general meeting in late July 2026.

Over the next year, InVert will advance both upstream and downstream work. Upstream, it will release the first resource estimate for Morogoro and resume exploration; downstream, it will advance RapidPulse from early testing to pre-pilot production and battery cell validation. Key milestones include commissioning the Centorr furnace, producing a 100-gram graphite batch with at least 90% graphitization degree and a d50 greater than 10µm, and then scaling reproducible production to 2 kg within two weeks.

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