Sign up Australia
Proactive Investors - Run By Investors For Investors

Volt Resources strives to be leading natural flake graphite producer

Volt Resources Ltd (ASX:VRC) CEO Trevor Matthews details progress and aspirations for the Bunyu Graphite Project in Tanzania, as demand and supply for the commodity shifts, sending up prices.

Speaking about a potential note issue on the Dar es Salaam Stock Exchange, Matthews says, "we're the first miner to proceed with this particular funding pathway... we're certainly fairly confident, and so are our advisors, that we'll be successful in raising the US$40 million we need. [That] combined with the completion of mining license approvals and also environmental approvals means that we can be on track to commence construction of our 20,000 tonne per annum stage one project in the current quarter."

 
Meet Great Boulder Resources Ltd, Mainstream Group Holdings Ltd, Blackstone Minerals Ltd, Pacific American Coal Ltd and Reward Minerals Ltd at our event, Sydney , 19 November 2018. Register here »
View full VRC profile View Profile

Volt Resources Ltd Timeline

© Proactive Investors 2018

Proactive Investors Australia PTY LTD ACN:132787654 ABN:19132787654.

Market Indices, Commodities and Regulatory News Headlines copyright © Morningstar. Data delayed 15 minutes unless otherwise indicated. Terms of use