Queensland commissions graphite-to-anode plant as global supply expands
New facility targets battery markets amid rising global graphite supply and demand.
27 April 2026
27 April 2026
New facility targets battery markets amid rising global graphite supply and demand.
The agreement was signed by EU Commissioner for Trade and Economic Security Maros Šefčovič and US Secretary of State Marco Rubio.
Under the agreement, Alaros will issue 10.5 million shares at $0.05 each to acquire all shares of the 1001528518 Ontario target.
The first Sandvik DR413i drill rig will arrive in April, with the remaining two due in late 2026.
China is expected to remain the largest producer, but its share of global output is projected to decline from 74.9% in 2025 to 29.6% in 2035.
The company aims to develop the 200MW Pilbara Green Energy Project, boosting renewable capacity beyond its Real Zero by 2030 targets.
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