International Graphite (ASX:IG6) aims to have its Collie processing facility in Western Australia and Bitterfeld facility in Germany operational by 2027, according to a Thursday filing with the Australian bourse.
Land access negotiations, plant design, development approvals, and utility infrastructure are advancing in Collie, the filing said.
While in Bitterfeld, joint venture partner Arctic Graphite completed site assessments, and planning is underway for metallurgical testing and engineering, the filing added.
Shares of the company rose 4% in recent Thursday trade.