Valence Industries: Expanding Production in 2014 - Graphite Presentation
16.05.2014 | ABN Newswire
Adelaide, Australia (ABN Newswire) - Australia's only graphite producer Valence Industries (ASX:VXL) is expanding production in 2014, supplying graphite to the global markets, and provide the following presentation to investors.Investment Highlights
- Existing Graphite Resource, Mine & Processing infrastructure
- 6.4 Mt JORC 2012 Indicated and Inferred Resource @7.1% TGC with significant exploration upside
- Proven past production of high quality Flake Graphite
- Initial sales of reprocessed large flake >95% purity graphite commenced in April
- Processing of stockpiles from existing 14,000 tpa plant
- New 60,000 tpa Phase II plant planned to be in production in early 2015
- Scoping Study indicates graphite production costs of <$600/t with average product pricing of US$1,400/t
- Strong expressions of interest from major global customers for direct sales contract
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-797628.pdf
About Valence Industries:
Valence Industries Ltd. (ASX:VXL) is an industrial manufacturing company producing high grade flake graphite products for distribution and sale to global markets. Valence Industries owns established processing facilities and infrastructure to manufacture a wide range of graphite product lines for multiple applications and multiple industries. Valence Industries produces and sells its graphite products from its Uley Graphite facilities in regional South Australia for delivery to diversified markets for graphite in the Asia Pacific, Europe and North America.
Contact:
Christopher Darby, CEO and Managing Director
Valence Industries Ltd.
Tel: +61-8-8418-8564
E-mail: info@valenceindustries.com