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An update from Volt Resources Ltd ( (AU:VRC) ) is now available.
Volt Resources Limited has secured $0.5 million in funding from RiverFort Global Opportunities PCC Ltd to advance its graphite projects. The funds will be used to develop high purity graphite products, progress the Bunyu graphite project in Tanzania, and cover general working capital. This strategic funding aligns with Volt’s focus on establishing non-Chinese supply chains for critical minerals, especially in light of recent US tariffs on Chinese imports. Volt’s projects in the US, Tanzania, and Ukraine are well-positioned to meet the increasing demand for diversified graphite supply, benefiting from geopolitical shifts favoring non-Chinese sources.
More about Volt Resources Ltd
Volt Resources Limited is a critical minerals and advanced materials company listed on the Australian Stock Exchange under the ASX code VRC. The company is an established graphite producer and advanced materials developer, with a 70% interest in the ZG Group, which includes Zavalievsky Graphite LLC, Stone Found LLC, and Graphite Invest LLC.
Technical Sentiment Signal: Sell
Current Market Cap: A$23.42M
See more insights into VRC stock on TipRanks’ Stock Analysis page.