Volt subsidiary, Zavalievsky Graphite (ZG) identified as a strategic asset byEuropean agencies, EIT and ERMA.
• ZG one of only a few graphite projects included in approximately 50 investmentcases to meet European demand for critical and strategic materials.• ZG successfully completes first production campaign for 2023 producing 1,015tonnes of graphite concentrate achieving average daily production of 52 tonnes.
• Preparing for the second production campaign
Commenting on the progress, Volt Resources Limited’s Chief Executive Officer, Prashant Chintawar, said:“We want to commend EIT and ERMA’s decision to recognize ZG as a strategic asset for Europe. ZG is a provenasset and a source of graphite for our planned European natural graphite anode plant. Combination ofGovernment policies, need for a localized battery supply chain, and demand vs supply gap for graphite anode makes Europe an attractive market opportunity for Volt”.
Ann: ZG Included as Strategic Asset In ERMA Investment Pipeline, page-3
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