IG joins EU battery supply chain

IG has been appointed one of the newest members of the European Battery Alliance (EBA250) further progressing its bid to be a key graphite supplier for the progressive, green tech focused European market. Europe is at the forefront of global renewables uptake, with its battery market expected to be valued at €250 billion a year by 2025.

The EBA250 brings together close to 600 industrial and innovation entities, from miners to recyclers, who are working to build a strong and competitive European battery industry.

Chairman Phil Hearse said International Graphite would be one of the first producers of battery anode graphite in Australia and an important new supplier to technology manufacturers worldwide.

“Battery producers worldwide are on the hunt for suppliers who can consistently produce high quality processed graphite for battery anodes,” he said.

“We are using our first mover advantage to cement Australia’s position as a reliable and ethical supplier to the battery market and to create true value by growing Australia’s technical expertise, creating new jobs and helping to build a new export industry.

“Being an EBA250 member puts IG on the frontline of the dynamic European market.

“As well as giving us regulatory and industry insights across the entire battery value chain, it also enables us to connect with world-leading industry, innovation and academic partners, as well as financial institutions and funders.”

As part of its European push, IG has also joined the European Raw Materials Alliance (ERMA). With metals, minerals and advanced materials being recognised as the key enablers for a globally competitive, green and digital Europe, ERMA is tasked with securing access to critical raw materials, advanced materials and processing knowhow for EU industrial ecosystems.

The ERMA network brings together a growing number of organisations, from the public and private sectors, covering the entire raw materials value chain. These include EU member states and regions, unions, research and technology organisations, investors and NGOs.