InVert Graphite has moved to secure a major foothold in next-generation battery materials.
The company has announced binding conditional agreements to acquire RapidGraphite Pty Ltd and exclusive global rights to breakthrough processing technology developed at Curtin University.
The deal gives InVert access to the RapidPulse catalytic graphitisation process — a technology that can convert natural graphite into battery-grade material in seconds, potentially reshaping how the critical mineral is refined for the fast-growing energy storage market.
The acquisition is a cornerstone of InVert’s strategy to build a vertically integrated graphite business, linking its 100%-owned Morogoro Graphite Project in Tanzania with advanced processing capability designed to significantly reduce environmental impact and production time.
Early testing of the technology using material from Morogoro has already delivered strong results, achieving around 99% purity and improved crystallinity — without the need for conventional acid purification or chemical washing.
As part of the transaction, Curtin University will become a shareholder in InVert Graphite. RapidGraphite is also set to benefit from a A$439,664 AEA Ignite grant from the Australian Government, aimed at scaling the technology further.
To fund continued R&D and pre-pilot production trials using a Centorr Furnace at Curtin University, InVert has secured firm commitments for a A$2.5 million placement from institutional and sophisticated investors.
Managing Director Andrew Lawson said:
"This Curtin University-developed novel RapidPulse™ technology process has demonstrated a potential positive application to our natural graphite, with early testing achieving ~99% purity and battery-grade crystallinity in seconds, entirely bypassing the need for harsh, environmentally damaging acid purification.
"By pairing this novel technology with our 100%-owned Morogoro project in Tanzania, InVert is rapidly establishing a vertically integrated, and potentially more environmentally sustainable, pathway."
The company said further details on the acquisition terms, capital raising, and metallurgical results are available in its full ASX announcement.