Valence Industries - Process Water Management Upgrades
- Regulatory approval received for modified process water management systems
- Allows greater operational efficiency at Uley GraphiteTM
- Key step in completion of production commissioning program
- Combined production and process water commissioning commences today
The modified system allows the Uley GraphiteTM operations to achieve greater efficiency by increased clarification, recycling and reuse of water in the processing operations, in line with regulatory preferences.
The modifications have been accommodated in the current engineering work schedule (refer ASX announcement 7 May 2015) and are a key step in completion of commissioning. The work required for immediate operations has permitted production commissioning to commence today combining the completed process water pond facilities and the existing plant.
The Company, in conjunction with its external engineering consultants, expects to make further improvements to the tailings storage and water reclaim systems. These further improvements, subject to regulatory approvals, are expected to lead to additional operational efficiencies as Valence Industries completes commissioning and ramps up production and export sales of graphite.
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:
Investor enquiries:
Christopher S. Darby, CEO & Managing Director
info@valenceindustries.com
+61 8 8215 6400
Media enquiries:
Rebecca Lawson, Associate Director,
Media & Capital Partners
Rebecca.lawson@mcpartners.com.au
+61 433 216 269