Comet moves downstream

COMET Resources has traded its $8 million Springdale graphite project in Western Australia’s south for a 25% stake in International Graphite, to provide a feedstock source for a vertically integrated graphite business.

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Exfoliation of core from the Springdale graphite project

Outside the graphite space, Comet is probably best known for discovering the Ravensthorpe nickel laterite deposit and offloading it to BHP.