International Graphite Ltd (ASX:IG6) has appointed graphite industry investor and financier Aidan Nania as an executive director.
Nania is a founder and director of Arctic Graphite AS, the company’s joint venture partner in the Expandable Graphite Project in Europe. He was previously a director and significant shareholder of Skaland Graphite AS — Europe’s largest natural graphite producer — from 2020 to 2023.
Aidan Nania joins IG6 as an executive director.
Chairman Phil Hearse said: “We are delighted to welcome Aidan to the Board. He brings extensive experience across the graphite industry, combined with deep capital markets and financing expertise, which will add significant depth to the Board.
“Few individuals in the Western graphite sector have worked across the graphite supply chain - from exploration and mining through to downstream, value-added graphite production - as Aidan has.”
Value add
Managing director and CEO Andrew Worland said the company had worked with Nania over the past 12 months after he outlined his vision for value-added graphite processing facilities in Europe to meet industrial demand for localised supply sources.
Worland said Nania was instrumental in securing processing technology rights for the Expandable Graphite Project and more recently the purification toll-treatment letter of intent with Italian-based HF chemical specialists Alkeemia.
“There is full alignment with our strategic graphite vision,” Worland said.
Nania said he was joining the board as International Graphite transitions from development into downstream production and international growth.
“I’m delighted to join the Board of International Graphite at a time when the Company is transitioning from development into downstream production and international growth,” Nania said.
“International Graphite has established a strong technical foundation, and the recent partnership with Alkeemia provides a compelling pathway to establish a scalable, capital-efficient downstream graphite platform in Europe. I look forward to working closely with Phil, Andrew and the broader team to execute this strategy, advance value-added processing, and deliver long-term shareholder value.”
Nania has held senior investment banking roles with US and Australian firms and is currently a non-executive director of ASX-listed Axel REE Ltd.