VOLT RESOURCES LIMITED - ASX Briefs

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VOLT RESOURCES LIMITED (ASX: VRC)

VRC: Bunyu Stage 1 Feasibility Study Update

VOLT RESOURCES LIMITED

Bunyu Feasibility Study update planned for release in early August 2023.
Positive outcomes and strong economics anticipated.
Significant progress made on collating cost estimates and improving project financial performance.

2023-07-14 09:24:00

VRC: Board of Directors Changes with the Company Strategy

VOLT RESOURCES LIMITED

Asimwe Kabunga, formerly the Non-Executive Chairman, is now the Executive Chairman of Volt Resources Limited effective 29th June 2023.
Prashant Chintawar, the current CEO, has been appointed as the company's Managing Director and will join the board of directors.
Trevor Matthews resigned as an Executive Director, with Volt expressing gratitude for his years of service to the company.

2023-06-29 09:17:00

VRC: All Bunyu Stage 1 Product Sold

VOLT RESOURCES LIMITED

Binding Offtake Agreement signed with Qingdao Baixing Graphite Co., Ltd. for the sale of Bunyu Graphite coarse natural flake product over a five-year term.
All Stage 1 Bunyu coarse graphite product is now sold.
Qingdao Baixing Graphite Co., Ltd. is an established producer of graphite products for numerous applications.

2023-04-11 09:32:00

VRC: Binding Offtake Agreement Signed

VOLT RESOURCES LIMITED

Volt Resources signed a binding Offtake Agreement for sale of 10,000 tonnes of fine flake graphite product annually from the Bunyu Graphite Project for a 5-year term.
The Offtake Agreement was signed with Graphex Group subsidiary, Graphex Michigan 1.
The agreement can be extended for a further 5 years by mutual agreement, and negotiations are ongoing with other parties for coarse graphite offtakes.

2023-03-17 09:30:00

VRC: Zavalievsky Graphite Update

VOLT RESOURCES LIMITED

Volt Resources Limited resumed operations at the Zavalievsky Graphite mine and processing plant on 1st August 2022.
Volt proceeded with raising capital to address working capital deficiency at ZG.
Energy supply disruptions commenced in November due to Russian missile attacks on power generation facilities.

2023-01-27 17:09:00