Evolution Energy Minerals Ltd released its September 2026 quarterly report, noting a cash balance of $2.25 million. The company continues exploration at the Chilalo graphite project and maintains sufficient funding for approximately 3.6 quarters.
LE Minerals Limited is seeking shareholder approval for the spin-out and sale of its wholly-owned subsidiary, Axon Graphite Pty Ltd, to M Battery Materials Limited (MBM) for A$20 million in cash and scrip. This transaction will see LE Minerals divest its graphite projects, allowing it to focus on its gold-copper and lithium projects, while retaining a significant shareholding in MBM. The spin-out is conditional on MBM's successful IPO and involves a complex in-specie distribution of MBM shares to LE Minerals shareholders, subject to escrow and tax considerations.
Sarytogan Graphite Limited announced the results of its Definitive Feasibility Study (DFS) for the Upstream Sarytogan Graphite Project in Central Kazakhstan, confirming robust economics with a pre-tax NPV8 of US$132.7M and an IRR of 19.8%. The DFS outlines an Ore Reserve of 14.5Mt at 29.1% TGC, supporting a 50+ year mine life, and projects 50,000 tpa of 90% LOI1000 graphite concentrate at a low operating cost of US$364/t. The study de-risks the project development pathway, although financing and offtake agreements are still pending.
InVert Graphite announced a maiden Inferred Mineral Resource of 32.2 Mt at 8.0% TGC for 2.56 Mt of contained graphite at its Kumba Deposit in Tanzania. The company also completed the acquisition of RapidGraphite Pty Ltd, securing outright ownership of the RapidPulse™ technology for converting graphite to battery-grade material. This was supported by a A$2.5 million placement, positioning the company to advance its vertically integrated graphite strategy.
Talga Group presented its vertical integration strategy and graphite resource overview at the Benchmark London Summit. The presentation highlights the company's permitted Swedish assets and its ability to produce battery-grade anode material, though all resource and reserve figures provided are historical restatements.
Talga Group Ltd's Annual Report for 2026 highlights significant progress in commercializing its Vittangi Anode Project, including the commencement of commercial anode sales and securing all key permits. The company strengthened its financial position through successful capital raises and grant funding, while also updating its mineral resource and ore reserve estimates. Despite a widening net loss and challenging graphite markets, Talga advanced its technology and intellectual property portfolio, positioning itself for future growth in the battery materials sector.
Evion Group NL presents its vertically integrated critical minerals business, highlighting revenue-generating graphite operations in India and the EU-recognized Maniry Graphite Project in Madagascar. The company also showcases its high-grade fluorspar acquisition in Nevada and its downstream battery anode material ambitions.
Nouveau Monde Graphite (NMG) has developed a new green-chemistry coating process for anode materials in collaboration with McGill University. The process aims to reduce the carbon footprint of spherical purified graphite (CSPG) production and has demonstrated equivalent electrochemical performance to industry standards at the laboratory scale.
Renascor Resources has successfully produced battery-grade purified spherical graphite (PSG) with 99.97% carbon purity at its Adelaide demonstration plant. This milestone validates the company's hydrofluoric acid-free purification process at a demonstration scale, moving beyond laboratory-scale testing.
Nouveau Monde Graphite, in collaboration with McGill University, has developed a new bio-based coating process for anode materials. This green-chemistry innovation aims to reduce Scope 1 CO2e emissions by an estimated 130 kg per tonne of coated spherical purified graphite produced.
