Manufacturing our Carbon Future Presentation
Adelaide, May 28, 2014 AEST (ABN Newswire) - Valence Industries Ltd (
ASX:VXL) presents their latest presentation- Manufacturing our Carbon Future. Below is the summary of the presentation.
Existing Facility
- Existing Graphite Resource, Mine & 14,000 tpa Processing infrastructure
- 6.4 Mt JORC 2012 Indicated &lnferred Resource @7.1% TGC + exploration upside
- Proven past production of high quality Flake Graphite
Production and Sales Commenced
- Initial sales of large flake >95% purity graphite commenced in April
- Processing of stockpiles continues in Jun Quarter 2014 and into Mar Quarter 2015
- Strong expressions of interest from major global customers
Rapid Growth Program
- New 60,000 tpa Phase II plant planned to be in production in 2015
- Scoping Study indicates manufacturing costs of <$600/t & average pricing US$l,400/t
- Finance Facilities to be in Place H2 2014 for New Plant Construction
High Purity & Graphene
- Phase III High Purity program & Graphene programs ahead of schedule
- Increase purity to >99.99% at estimated value of US$5,500 to US$10,000/tonne
- Graphene production confirmed & sales can commence in H2 2014
To view the presentation, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-799125.pdf
About Valence Industries Ltd
Valence Industries Limited (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. Visit Valence Industries
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