Volt Resources (ASX:VRC) to advance Active Anode Plant DFS

Volt Resources (ASX:VRC) has announced in 2023, it plans to advance its Definitive Feasibility Study for its natural graphite active anode plant in the US and secure a production site, with the goal of 50% or higher of the project development cost being funded through a US Government grant or loan.

It also plans to update the 2018 Bunyu Graphite project Stage 1 Feasibility Study, and deliver one or more offtake agreements to secure financing and/or financing agreement(s).

Volt is well funded to complete these key milestones in 2023.

Its share price is up 7% today.