Investments

Australia’s Volt Resources Limited is paying $7.6 million to buy control of Ukraine’s Zavalivsky Graphite LLC, one of the 10 largest producers of natural graphite in the world.

Friday, April 30, 2021

Volt says it is buying 70% of the company to become a producer of graphite for li-ion batteries. With a production capacity of 30,000 tons a year, Zavalivsky Graphite has been mining the deposit in Kirovohrad since 1934.

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