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The latest announcement is out from Volt Resources Ltd ( (AU:VRC) ).
Volt Resources Limited announced a favorable ruling from the Ukraine Supreme Court regarding the Zavalievsky Graphite deferred payment and related warranty claims. This legal victory upholds the international arbitration provisions in the Share Purchase Agreements and supports Volt’s position that the warranty claims offset the deferred payment, potentially eliminating the need for cash outflow. This development strengthens Volt’s operational stability and enhances its position in the graphite industry.
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. It is an established graphite producer and advanced materials developer with interests in the Zavalievsky Graphite Group, Bunyu Graphite Project in Tanzania, and gold exploration in Guinea. The company is also focused on downstream graphite business through its US subsidiary, Volt Energy Materials LLC, headquartered in Alabama.
Technical Sentiment Signal: Sell
Current Market Cap: A$18.74M
For an in-depth examination of VRC stock, go to TipRanks’ Overview page.