• IG6 signed a binding graphite concentrate Supply agreement with Wogen Pacific Limited for its Collie Micronising Facility.
  • The agreement runs three years from first supply, with a two-year extension option and then rolling six-month periods; pricing will reflect market conditions at each order.
  • The announcement does not disclose volumes, prices, minimum purchase obligations or the date of first delivery.

International Graphite Limited (ASX:IG6) announced on 15 October 2026 that it has signed a binding graphite concentrate supply agreement with Wogen Pacific Limited. Under the agreement, Wogen will supply graphite concentrate as feedstock to the Collie Micronising Facility in Western Australia. The company is also listed in Frankfurt under the code H99.

Key terms

The agreement has a term of three years from the first supply. It can be extended by a further two years, after which it continues in rolling six-month periods. Pricing is not fixed in advance: the company said feedstock prices will reflect market conditions at the time each order is placed. The announcement does not disclose volumes, prices, minimum purchase obligations or the date of first delivery, so the commercial value of the agreement cannot be calculated from the release.

Why the company signed it

IG6 said the agreement allows it to start and scale processing at Collie without taking on the Capital Expenditure and operational risks of mining. It described Wogen as a trader with extensive experience in graphite concentrate that has secured much of the graphite processed at the Collie Research and Development and qualification facility. Chief executive Andrew Worland said Wogen will in effect act as IG6's sourcing arm while the company builds its processing operations.

The company said existing supply and unused Mining capacity in Europe, Africa and Brazil are expected to support the start-up and expansion of processing plants in Western Australia and Italy. That is the company's expectation rather than an outcome already achieved, and the release does not name the mines concerned.

Springdale as a future source

IG6 also said it plans to develop its Springdale graphite mineral resource in Western Australia as a future feedstock source once its processing operations are built out. The release gives no resource size, grade, development timetable or funding for Springdale, and does not state that any mining approvals are in place. It should therefore be read as a stated intention, with processing capacity coming first and own-mine supply later.

Conditions and risks

The announcement describes the agreement as binding but does not list conditions precedent, and it does not say whether the processing plants it refers to are fully funded or approved. The Collie facility is referred to in the document as an existing research and development and qualification facility, with micronising operations still to be built out at scale. The agreement supplies feedstock only. Revenue would depend on IG6 completing its processing operations and selling product, none of which is quantified in the announcement. Because pricing floats with the market, input costs may also move over the term.

What to watch

The release does not set dates for the next steps. Matters a reader may want to follow in later company announcements include the timing of first supply from Wogen, details of volumes and any funding for the Collie and Italian processing plants, and progress on the Springdale resource.