Quarterly Activities/Appendix 5B Cash Flow Report

Our vision: International Graphite is developing as Western Australia’s first vertically integrated producer of graphite anode materials (BAM) for lithium-ion batteries.

Highlights.

Springdale Graphite Project

• Springdale named Discovery of the Year in the 2023 Australian Mining Prospect Awards
• Bulk concentrate testwork program competed at ALS Laboratory, Perth
• Spring botanical surveys completed
• Scoping study nearing completion for imminent release

Collie Downstream Processing Facilities

• New micronising qualification equipment delivered and installed at Collie

Corporate

• Cash at bank at quarter end of $1.5M
• $333K instalment received from the Western Australian Government Collie Futures Industry Development Fund for milestones achieved during the quarter
• $1.2M received from the Critical Minerals Development Program grant announced in May 2023
• AGM held 24 November 2023
• Further funding from the Collie Futures Industry Development Fund ($333K) and R&D tax rebates expected in March quarter 2024

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