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Volt Resources Announces Successful Restart of Graphite Production at Their Ukrainian Mine

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Australian-based graphite producer and graphite anode materials developer Volt Resources Limited has announced on 8 May that, following the winter stoppage at the Ukrainian Zavalievsky graphite mine and processing plant, in-depth production planning determined a one-month-per-quarter production cycle.

Production of graphite subsequently recommenced on 11 April 2023. As of 5 May 2023, over 700 tonnes of graphite concentrate had been produced, including a record daily production of 88 tonnes on 26 April 2023. The average daily production is 54 tonnes with most of the graphite concentrate produced during the campaign achieving 88-96% purity. The Company plans to complete this current production campaign in mid-May 2023.

Volt CEO, Prashant Chintawar, said “Zavalievsky Graphite is a part of our growth strategy, and positions Volt as one of a small number of ex-China graphite producers globally. We congratulate the Zavalievsky team for overcoming many challenges, including power and supply chain disruptions, and personnel availability, to execute our operating plan for 2023 and deliver a very successful restart of the operation”.

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Volt Resources is a client of German Australian Business Council member, DGWA based in Frankfurt. They have arranged for Volt to highlight their activities as a supplier of raw materials and their operation in war-torn Ukraine in a webinar on 23 May at 12:00 CEST.

 

Source: GABC

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