Mining News of Note Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Gold/Mining/Energy : Mining News of Note

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: LoneClone who wrote (171185)	4/11/2023 2:25:19 PM
From: LoneClone	Read Replies (1) of 192834

Volt signs another graphite offtake miningweekly.com 11th April 2023 By: Esmarie Iannucci Creamer Media Senior Deputy Editor: Australasia PERTH (miningweekly.com) – ASX-listed Volt Resources has struck a binding offtake agreement with graphite products producer Qingdao Baixing Graphite Co for the sale of 12 000 t/y of flake graphite from the Bunyu project, in Tanzania. The offtake agreement will increase to 90 000 t/y of flake graphite product from the third year of the five-year offtake term. “We are very pleased to secure this significant binding sales agreement for our Bunyu coarse flake product, and we are delighted to be partnering with such a highly respected company as Qingdao Baixing Graphite Co,” said Volt chairperson Asimwe Kabunga. “This second binding offtake agreement is a strong validation of the confidence in Volt’s Bunyu graphite project and Volt looks forwards to a long and successful relationship with the Qingdao Baixing Graphite Co.” Volt recently signed a 10 000 t/y offtake agreement with battery anode material producer Graphex Group, with the offtake spanning an initial five-year term, meaning that all the fines product from the Stage 1 Bunyu project has been accounted for. Stage 1 study was based on a mining and processing plant with a throughput rate of 400 000 t/y of ore to produce an average 23 700 t/y of graphite products. The Stage 1 project is aimed to establish Volt’s market position and infrastructure to support the development of the larger Stage 2 expansion project, which will increase production to 170 000 t/y of graphite product yearly.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next