STRATEGIC COLLABORATION WITH URBAN ELECTRIC POWER
Highlights
- Volt entering into a Joint Development Agreement with Urban Electric Power (“UEP”)
- Focus on non-spherical graphite products to improve alkaline battery performance with plans to enter into an offtake agreement between UEP and Volt
- Leveraging Volt’s graphite production from Zavalievsky in Europe and AETC’s inverted LIB anode materials flowsheet design to produce non spherical graphite products including conductive graphite for the battery market
- Alkaline battery market estimated annual sales of US$7.5 billion1 comprising 12 billion battery cells2 sold that require over 14,000 tonnes of graphite
Ann: Strategic Collaboration With Urban Electric Power, page-2
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