ZG Group Graphite Business

Volt has a 70% controlling interest in the Zavalievsky Graphite business in Ukraine

There are three companies that comprise the ZG Group being Zavalievsky Graphite LLC, Stone Found LLC and Graphite Invest LLC.

The graphite mine and processing facilities are adjacent to Zavallya, around 280km South of the Ukraine Capital of Kyiv and 230km North of Odessa’s main port.

 

Zavalievsky Graphite LLC

Zavalievsky Graphite LLC owns the processing plant buildings, processing plant, mining equipment, power sub-station, and distribution.

Stone Found LLC

Stone Found LLC owns the crushed granite operations and plant.

Graphite Invest LLC

Graphite Invest LLC holds a 70% interest in PJC Zavalievsky Graphite Kombinat – mine, land, main administration office building - and a 79% interest in the 636 hectares of freehold land on which the Zavalievsky mine, processing plant, and other related buildings and facilities are located.

Highlights of the 70% interest in the ZG Group Companies

  • Excellent transport infrastructure covering road, rail, river and sea freight combined with reliable grid power, ample potable ground water supply and good communications
  • An experienced workforce which can assist with training, commissioning and ramp-up for the Bunyu development. This is a key risk for financiers and could materially assist the ability to finance the Company’s Bunyu graphite project development.
  • Potential to generate material cashflow which could make Volt internally funded for corporate costs and working capital in future.
  • Located in Eastern Europe, the Zavalievsky Graphite business is in close proximity to key markets with significant developments in Lithium-ion Battery (“LIB”) facilities planned to service the European based car makers and renewable energy sector.
  • Plans to produce battery anode material using existing graphite production to become a fully integrated supplier to LIB cell makers based in Europe.
  • Makes graphite products across the range and has the potential to significantly increase its high value large flake production.
  • Produces a high value “green” purified 99.5% TGC product.
  • Long life multi-decade producing mine that has further exploration upside.
  • Existing customer base and graphite product supply chains which Volt expects to be able to leverage off in developing its existing Bunyu Graphite Project in Tanzania.
  • Volt’s foreign and historical estimate of tonnage of graphite mineralisation for the south-eastern area of the Zavalievsky Graphite Project in Ukraine totals 22.913 million tonnes at a grade of 6.8% carbon. 
  • This estimate supports Volt’s plans to expand graphite production in Europe and develop downstream processing facilities for battery anode material (BAM) and other high-value graphite products. 
  • The multi-decade mine life is based on current production capacity of graphite mine and processing plant while the foreign and historical estimate is a subset of the overall Zavalievsky Graphite deposit. 
  • With further resource definition and metallurgical work, based on the deposit size Volt believes the mineralised estimate can be significantly increased and will be reported in accordance with the JORC code.
  • Co-products of quarry stone for the domestic market and garnet for the European market that could generate material cash flow for relatively low capital and operating cost leveraging the synergies from the graphite business infrastructure and experienced mining and processing staff.
  • A 79% interest in 636 hectares of freehold land, with the mine, processing plant and other buildings and facilities located on that land.

Battery Anode Materials

  • The ZG Group has current plans to install a processing plant and equipment in order to commence production of spheronised purified graphite (“SPG”) for the European LIB anode market within the next 12 months.
  • The Zavalievsky mine’s strategic location for the future supply of SPG to the European markets has already attracted interest from LIB cell manufacturers and major car makers.

To visit ZG Group’s website click here

To watch a drone video of the mine and processing facilities, click here