Volt has a 70% interest in the Zavalievsky Graphite (ZG) business in Ukraine. The ZG mine and processing facilities have been in operation since 1934 and are near key markets with significant developments in lithium-ion battery production. ZG benefits from an existing customer base and graphite product supply chains based on excellent transport infrastructure covering road, rail, river, and sea freight.
Project Key Facts
- About 90% graphite is fine mesh suitable for lithium-ion batteries
- Comminution + Flotation + Concentration + Purification to 99% undertaken at mine processing facilities
- Makes graphite products across the range including high purity graphite.
- Excellent transport infrastructure covering road, rail, river and sea freight combined with reliable grid power.
- Resources: 22.9 million tonnes at a grade of 6.8% carbon – subset of overall deposit based on south-east zone only (Non-JORC and approximately 20% of NAEN code resources)4
- Production: average 7,300 TPA graphite concentrate from 2017 to 2021. During the 1980’s the plant achieved production rates of 60 kTPA
Project KPIs
- Ownership: 70% Volt, 30% Other parties
- Long-life: producing graphite mine that has been in operation for over 90 years, with exploration upside
Upcoming Milestones
- Increase product purity to 99.95%
- Become a supplier to lithium-ion battery cell makers based in Europe and North America
