Battery anode material company Graphinex has opened its Townsville demonstration facility, which has received $5 million in federal and state government backing.
According to a statement from federal resources minister Anthony Chisholm on Friday, the site will process graphite ores sourced from the Graphinex Esmeralda Graphite deposit, approximately 500 kilometres west of Townsville, and will position the company as a supplier to the international market.
“The facility will produce 300 tonnes per annum of ultra-high energy graphite anode material, supporting qualification with global battery cell manufacturers at commercial scale,” said Art Malone, Graphinex’s Managing Director.
“This milestone has been made possible with support from the Australian Federal and Queensland State Governments and institutional backing from our international partners, Idemitsu and Baramulti.
The new facility has been awarded $3 million through the federal International Partnerships for Critical Minerals (IPCM) Program, and $2 million through the Queensland Critical Minerals and Battery Technology Fund.
“We’re not just focused on extraction, we’re also building value here in Australia – creating more jobs, stronger supply chains, and advanced technologies that will power the next generation of clean energy systems,” added Chisholm.
Graphinex intends to sell anode materials to companies in Europe, Korea, Japan and the United States.
Picture: credit Graphinex/Linkedin