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Volt Resources delivers in Tanzania

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Dar Es Salaam in Tanzania. Volt Resources’ graphite ore was transported by trucks from site to Dar es Salaam, where it was tested by Government officials who issued export permits.

Volt Resources delivers in Tanzania

According to ASX listed Volt Resources’ CEO, Prashant Chintawar, the company has made significant progress in obtaining the necessary funding for its Bunyu graphite project in Tanzania.

“We have successfully mined sample ore at Bunyu, secured export permits, shipped ore, and more recently, produced concentrate according to customer requirements, and delivered samples of this for assessment. We anticipate a successful qualification by the customer which will assist in securing financing,” says Chintawar.

Delivering a concentrate sample

China’s move late last year in restricting graphite exports is helping drive progress with the Bunyu project.

Volt mined a large quantity of graphite last year so that they could deliver a concentrate sample to a customer in January 2024.

To do that the company identified the location for mining, secured the necessary approvals from Government officials and the community, rented the mining equipment, and mined about 113 tonnes of graphite ore.

The ore was transported by trucks from site to Dar es Salaam, where it was tested by Government officials who issued export permits.

To produce a testable graphite concentrate, portion of the ore was shipped to a competent graphite ore processing pilot plant.

Volt personnel oversaw the ore processing and ensured quantity and quality of graphite concentrate produced met customer specifications.

“We believe that Bunyu is one of the few global graphite projects that meets quality, quantity, cost, and Inflation Reduction Act compliance requirements of large battery customers.

“We remain confident that the successful completion of product qualification and negotiation will enable Volt to secure Bunyu financing,” says Chintawar.

WhyAfrica will visit Tanzania is July/August this year as part of its annual WhyAfrica Road Trip    

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Volt Resources delivers in Tanzania

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Volt Resources delivers in Tanzania

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