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The latest announcement is out from Volt Resources Ltd ( (AU:VRC) ).
Volt Resources Limited has secured $0.5 million in strategic funding to advance its graphite projects, including the development of high purity graphite products in Alabama and the Bunyu Graphite Project. The company has also relocated its U.S. office to Alabama to accelerate graphite refinery development, emphasizing its commitment to becoming a commercial-scale producer. Additionally, Volt completed a production campaign at its Zavalievsky Graphite mine in Ukraine, producing 830 tonnes of graphite concentrate and maintaining economic stability in the local community despite high electricity costs.
More about Volt Resources Ltd
Volt Resources Limited is an established graphite producer and advanced materials developer. The company focuses on the development of high purity graphite products and has operations in Alabama, USA, and the Zavalievsky Graphite mine in Ukraine.
Technical Sentiment Signal: Sell
Current Market Cap: A$28.11M
See more insights into VRC stock on TipRanks’ Stock Analysis page.