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Innogy Limited is an Australian unlisted public company, incorporated on 12 November 2021 for the purposes of acquiring and developing nickel and other battery cathode minerals including lithium and cobalt, and gold assets in Tanzania. Innogy is currently a wholly owned subsidiary of EcoGraf, an ASX-listed entity with ASX code EGR.
Since incorporation, the Company has assembled a vast nickel, lithium, cobalt and gold tenement package totalling 5,300 km2 in Tanzania (comprising approximately 2,300km2 of granted tenure and 3,000km2 of pending tenure), of which 4,700km2 is prospective for nickel. On completion of its IPO and subject to the grant of the pending prospecting licences, Innogy will beneficially own and control 100% of the Projects via its wholly owned Tanzanian subsidiaries.
On 15 March 2022, EcoGraf announced that it would undertake a demerger, to facilitate an initial public offering and ASX listing of Innogy, in order to provide its shareholders with the opportunity for direct exposure to a nickel focused battery minerals company.
It is anticipated that IOG will list on the ASX during May 2023.
innogylimited.com.au
Since incorporation, the Company has assembled a vast nickel, lithium, cobalt and gold tenement package totalling 5,300 km2 in Tanzania (comprising approximately 2,300km2 of granted tenure and 3,000km2 of pending tenure), of which 4,700km2 is prospective for nickel. On completion of its IPO and subject to the grant of the pending prospecting licences, Innogy will beneficially own and control 100% of the Projects via its wholly owned Tanzanian subsidiaries.
On 15 March 2022, EcoGraf announced that it would undertake a demerger, to facilitate an initial public offering and ASX listing of Innogy, in order to provide its shareholders with the opportunity for direct exposure to a nickel focused battery minerals company.
It is anticipated that IOG will list on the ASX during May 2023.
Innogy - Innovative Energy
An exploration company with a focus on the exploration and development of key battery minerals, including nickel, lithium and cobalt.
innogylimited.com.au
