has an illustrious history<\/a> in sustainably exploring, developing, and mining gold and other materials and has recently transitioned into the graphite industry, acquiring a 70% controlling stake in the Zavalievsky Group (ZG) of companies in Ukraine.<\/p>\nTheir newfound allegiance with the European Raw Materials Alliance (ERMA), which the EU established in 2020, signifies a considerable step in Volt Resources becoming an integral part of the European raw materials value chain. The partnership will also provide the company with access to project investment, in addition to regulatory and technical advice and support.<\/p>\n
At the forefront of graphite development<\/h3>\n The procurement of the major graphite project has not only gained Volt Resources access to an exclusive group \u2013 the European Raw Materials Alliance \u2013 but has also placed the company at the forefront of supplying the crucial and precious resources that will fuel Europe\u2019s green transition and aid in achieving its carbon-neutral goals by 2050. Prior to this partnership, Volt Resources joined the European Battery Alliance, another significant move that put the company on the European map of sustainability.<\/p>\n
Trevor Matthews, the Managing Director of Volt Resources, said: \u201cWith the acquisition of the Zavalievsky graphite business completed and our status as a producer of graphite products in Europe, membership of the two key EU sponsored battery materials alliances provide the opportunity to build relationships and obtain access to capital to support the expansion and product development plans for the European graphite business.<\/p>\n
\u201cCombined with the future production of graphite products from the development-ready Bunyu Project in Tanzania and plans for processing capacity to supply the LIB industry in the United States, we will be uniquely positioned as a globally significant and diversified graphite producer.\u201d<\/p>\n
Becoming integral to the European raw materials value chain<\/h3>\n \u00a0<\/strong>The ERMA is comprised of public and private companies that represent all sectors of Europe\u2019s raw materials value chain, with the objective of significantly enhancing the capacity to sustainably produce fuel cells, batteries, rare earth magnets, and motors, with the project targeting expansion beyond the European Union.<\/p>\nThe EU and Ukraine have developed a strategic raw materials partnership, an ambitious endeavour in which they intend to achieve closer integration of the raw material and battery value chains. They believe this will help strengthen and diversify the supply chains of critical raw materials across both industries, which is pivotal for ensuring the green transition.<\/p>\n
In the vanguard of this battle\u00a0 for carbon-neutrality is Volt Resources, whose controlling stake in the ZG Group has provided the company with a major graphite mine and processing facilities in Zavallya, Ukraine. The site is situated around 280km south of Ukraine\u2019s capital, Kyiv, and 230km north of the country\u2019s principal port in Odesa, making it the ideal location for distributing to key markets.<\/p>\n
The mine has been producing high-quality graphite for decades, generating a\u00a0 green, purified product of 99.5% total graphite content (TGC) and has room for upscaling production. The Graphite mine has an annual production capacity of up to 30,000 tonnes of graphite concentrate or product, with ZG the eighth largest natural flake graphite producer in 2014. Due to the COVID-19 pandemic, graphite oversupply, and low investment, this production capacity has decreased in recent years; however, the investment from Volt Resources looks to ramp up production significantly, both in terms of volume and sustainable practices.<\/p>\n
Matthews said: \u201cWe plan to improve the performance of the business with close attention to improved environmental management and sustainable operations, including programs to minimise the operation\u2019s carbon footprint, development of stakeholder relationships and social investment combined with improved governance throughout ZG.\u201d<\/p>\n
In addition to being in proximity to vital markets, such as European electric vehicle manufacturers, Volt Resources is planning to produce its own battery anode materials from its existing graphite production, which will make it a fully integrated supplier to European LIB cell manufacturers.<\/p>\n","protected":false},"excerpt":{"rendered":"
Pioneers of graphite production and development, Volt Resources Ltd, has announced joining the European Raw Materials Alliance.<\/p>\n","protected":false},"author":15,"featured_media":13950,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[24502],"tags":[24203,24335,24207],"acf":[],"yoast_head":"\n
Volt Resources Ltd announce European Raw Materials Alliance partnership<\/title>\n \n \n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n \n \n\t \n\t \n\t \n