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Quantum Graphite Limited (ASX:QGL)

ALERT: Price-sensitive ASX Announcement for QGL
Current share price for QGL : $0.380 -0.07 (-15.56%)+
Announcement
Release
31 Oct 2025 2:27PM
Price at Release
$0.450
Full Release
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Summary
Quantum Graphite Limited's quarterly report for the period ending 30 September 2025 discusses significant developments including the ongoing identification of sites for the Sunlands Eyre Peninsula Graphite Hub, with the assistance of local authorities. The Uley 2 Project is under due diligence from prospective financiers, and changes to integrate downstream activities are being considered. The company's exploration efforts were bolstered by confirming a new geological model of the Uley region, which enhances and accelerates resource development. Quantum Graphite also highlights its joint venture with Sunlands Energy Co. for R&D in scalable purification processes and thermal storage media development. Financially, the company reported net cash used in operating activities amounting to $760,000 and cash equivalents of $772,000 at the quarter's end.
Key Points
  • Development of Sunlands Eyre Peninsula Graphite Hub with shortlisted sites.
  • Uley 2 Project financing in final due diligence stages.
  • New geological model confirmed for Uley region.
  • R&D shift towards thermal storage media with Sunlands Energy Co.
  • Net operating cash outflows of $760,000.
  • Cash and cash equivalents at quarter-end: $772,000.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.