Quantum Graphite Limited
QGL.ASXMaterials
Market Data
$0.315
0.0%$108.7M
-100000.0x
$-0.008
0.00%
-0.2%
Latest Earnings
Quarterly Report and Appendix 5B
30 July 2026
Quantum Graphite Limited announced major strategic progress on its Uley 2 graphite project during Q2 FY2026, including execution of a 20-year Ore Supply Agreement (OSA) with Sunlands Pure Group for downstream processing and refining, receipt of final environmental approvals for the Al Buraimi refinery in Oman, and commencement of Front-End Engineering and Design (FEED) by Lycopodium Minerals. The company continues pre-production development with project financing being finalized, though it remains in the exploration/development phase with minimal cash on hand ($210k) and ongoing operational burn requiring reliance on shareholder support. Key points: Execution of 20-year Ore Supply Agreement with Sunlands Pure Group providing long-term offtake certainty with minimum floor pricing of approximately A$375/tonne margin; Final environmental approvals granted for Al Buraimi refinery in Oman covering all refinery, processing and supporting activities across construction and operations phases; Commencement of FEED program by Lycopodium Minerals for detailed project design and engineering definition
Recent Announcements
Quarterly Report and Appendix 5B
Quantum Graphite Limited announced major strategic progress on its Uley 2 graphite project during Q2 FY2026, including execution of a 20-year Ore Supply Agreement (OSA) with Sunlands Pure Group for downstream processing and refining, receipt of final environmental approvals for the Al Buraimi refinery in Oman, and commencement of Front-End Engineering and Design (FEED) by Lycopodium Minerals. The company continues pre-production development with project financing being finalized, though it remains in the exploration/development phase with minimal cash on hand ($210k) and ongoing operational burn requiring reliance on shareholder support. Key points: Execution of 20-year Ore Supply Agreement with Sunlands Pure Group providing long-term offtake certainty with minimum floor pricing of approximately A$375/tonne margin; Final environmental approvals granted for Al Buraimi refinery in Oman covering all refinery, processing and supporting activities across construction and operations phases; Commencement of FEED program by Lycopodium Minerals for detailed project design and engineering definition
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