Why Are InVert Graphite Ltd (ASX:IVG) Shares Lower Today?

Sonal Goyal

10 November 2026 07:04 PM AEDT

Why Are InVert Graphite Ltd (ASX:IVG) Shares Lower Today?

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Key highlights

InVert Graphite shares were down 9.38% at $0.029 during the 10 November 2026 trading session.
The company completed the Acquisition of RapidGraphite, which now owns the RapidPulse technology outright.
The Kumba deposit at Morogoro has a maiden resource of 32.2Mt at 8.0% TGC, containing 2.56Mt of graphite, all in the Inferred category.

InVert Graphite Ltd (ASX:IVG) fell 9.38% to $0.029 during the 10 November 2026 trading session. The S&P/ASX 200 was higher by 1.34%, or 121.20 points, at 9,150.90 over the same session. InVert is a graphite developer focused on battery-grade graphite, with its Morogoro Project in Tanzania and its RapidPulse processing technology. Its latest update was the September 2026 quarterly report, released on 21 October 2026.

RapidGraphite and RapidPulse technology

InVert completed the acquisition of RapidGraphite Pty Ltd during the quarter. RapidGraphite now owns the RapidPulse technology outright after Curtin University assigned the technology, know-how and improvements to it on 29 September 2026, replacing the earlier exclusive licence.

RapidPulse is a process developed at Curtin University that the company says can convert natural graphite and low-cost carbon into battery-grade graphite within seconds. The company plans to advance scaled-up trials using the technology, and the commissioning of a furnace at Curtin University has satisfied the first technical milestone.

Morogoro resource and funding

The Kumba deposit at the Morogoro Project in Tanzania has a maiden Mineral Resource Estimate of 32.2Mt at 8.0% total graphitic carbon, containing 2.56Mt of graphite, all classified as Inferred.

The AEA Ignite program is under way, supported by an A$439,664 grant held by Curtin University and amended in August 2026. The company also established plans for a US Subsidiary and prepared applications for US government programs.

Sector context

Battery materials companies are judged on the progress of their processing technology and the scale of their resources. Graphite developers face a long path from pilot trials to commercial production, and investors in the sector often watch for independent test work and offtake arrangements. At under three cents, InVert trades in Penny Stock territory, and the broader market was higher during the session.

Risks

The RapidPulse process is at the trial stage, and scaling it up may not produce the same results. Commercial viability will depend on the cost and quality of graphite produced.

The Morogoro resource is classified as Inferred, which means the quantity and grade are less certain than for higher confidence categories. Further drilling and studies would be required to upgrade it.

What to watch ahead

Investors will be looking for results from the scaled-up RapidPulse trials, progress in the AEA Ignite program and any further resource work at Kumba.

Final Word

InVert's Trading session fall came after a quarter focused on technology ownership and an initial resource at Morogoro. Results from the upcoming trials will indicate how far the RapidPulse process can progress.

FAQs

Q: What is RapidPulse?

A: RapidPulse is a process developed at Curtin University that the company says can convert natural graphite and low-cost carbon into battery-grade graphite within seconds.

Q: How large is the Kumba resource?

A: The maiden resource at Kumba is 32.2Mt at 8.0% TGC, containing 2.56Mt of contained graphite, all in the Inferred category.

Q: Who owns the RapidPulse technology now?

A: RapidGraphite Pty Ltd, which InVert acquired, now owns the technology outright.

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