https://www.miningweekly.com

Volt appoints service provider for graphite samples

Volt appoints service provider for graphite samples

Photo by Bloomberg

24th January 2017

By: Megan van Wyngaardt

Creamer Media Contributing Editor Online

     

Font size: - +

JOHANNESBURG (miningweekly.com) – Graphite producer Volt Resources has entered into an agreement with an unnamed Southern Africa-based mining services company to expedite the production of graphite samples from its Namangale deposit, in Tanzania, under strict commercial conditions.

ASX-listed Volt explained on Tuesday that it was a cost-effective way to source high-quality samples from a well-established group and to provide typical Namangale concentrate products to memorandum of understanding (MoU) partners and prospective customers for evaluation.

“The key rationale behind this strategy is to ensure that when a prospective customer requests a sample, the turnaround time is fast. Processing samples in Southern Africa obviates the need to send large quantities of ore to Australia or other destinations for processing in to graphite concentrate samples,” the company said in a statement.

Further, it demonstrates to the prospective customer that Volt can produce high-quality graphite concentrate samples relatively cheaply in Southern Africa, using a simple crushing and flotation process.

The service provider Volt has engaged has been undertaking testwork, and metallurgical and mineral processing services for several decades for numerous blue-chip multinational clients.

“Critically, the service provider understands the necessity to ensure samples are prepared under strict commercial conditions and then dispatched to clients as quickly as possible for in-house testing and evaluation.

“This is reflected to a degree in second-round sampling requests from prospective clients,” the company said, noting that in the US, companies in the lithium-ion battery market have requested samples for second level testing, while in China, Volt’s MoU end-user partners and others, have all moved to second-round testwork with requests from each company to supply more product.

Currently, Volt has nonbinding MoUs with three Chinese groups for 100 000 t/y of graphite products, which represents circa 60% of planned yearly production of 170 000 t.

This includes China’s second largest integrated lithium-ion battery producer Optimum Nano; large-scale anode and electrolyte manufacturer Huzhou Chuangya and specialised anode and spherical graphite producer Shenzhen Sinuo.

Edited by Mariaan Webb
Creamer Media Senior Deputy Editor Online

Comments

Projects

Showroom

Yale Lifting Solutions
Yale Lifting Solutions

Yale Lifting Solutions is a leading supplier of lifting and material handling equipment in Southern Africa. Yale offers a wide range of quality...

VISIT SHOWROOM 
Rio-Carb
Rio-Carb

Our Easy Access Chute concept was developed to reduce the risks related to liner maintenance. Currently, replacing wear liners require that...

VISIT SHOWROOM 

Latest Multimedia

sponsored by

Option 1 (equivalent of R125 a month):

Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format

Option 2 (equivalent of R375 a month):

All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.

Already a subscriber?

Forgotten your password?

MAGAZINE & ONLINE

SUBSCRIBE

RESEARCH CHANNEL AFRICA

SUBSCRIBE

CORPORATE PACKAGES

CLICK FOR A QUOTATION







sq:0.181 0.215s - 90pq - 2rq
1:
1: United States
Subscribe Now
2: United States
2: