Volt Resources Ltd (AU:VRC) has released an update.
Volt Resources Ltd is advancing its position in the graphite market with the submission of four non-dilutive funding proposals potentially worth over A$150 million, aiming to establish a global graphite ecosystem. The company has pinpointed an Alabama site for its natural graphite anode production facility and has delivered Bunyu graphite concentrate to a customer for evaluation, with negotiations ongoing for commercial terms to support financing for Bunyu. Despite sluggish prices for flake graphite, Volt’s focus on high purity graphite and strategic funding efforts, alongside strict fiscal discipline, positions it well in the critical minerals sector.
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