DEVELOPING A BATTERY MATERIALS BUSINESS
Highlights
• Volt progressing to become a battery materials manufacturer in the United States and Europe
• Testwork undertaken in the United States confirmed Volt’s graphite is suitable for use in the production of battery-ready anode material for energy storage systems
• Proprietary battery anode material process flowsheet enables very high yields of approximately 70% purified spheroidal graphite produced from graphite feed
• Leveraging AETC’s inverted LIB anode materials flowsheet design to produce non-spherical graphite products as a by-product of making spherical graphite for the LIB battery market including:
▪ Performance testing in traditional battery systems with direct oversight by Volt’s potential offtake partner, which operates in the lead-acid battery market
▪ Joint Development Agreement with Urban Electric Power (“UEP”) to improve alkaline battery performance with plans to enter into an offtake agreement between UEP and Volt
• The development of non-spherical graphite products for the alkaline and leadacid battery markets will improve the economics of Volt’s planned BAM facilities in the United States and Europe
Onward and upward.. GLTAH! 
