April 6, 2023: Volt Assets stated on March 27 that it launched a feasibility research on plans to construct an anode battery plant (BAM), which may serve the US market.
The transfer comes six months after the Australia-based firm shaped a brand new unit, Volt Power Supplies, to provide graphite merchandise for the lead acid and lithium battery markets within the US.
The BAM feasibility research must be accomplished by September and used to help the US authorities’s funding proposal.
CEO Prashant Chintawar stated that whereas the mining and processing of uncooked supplies is the inspiration of the corporate, Volt expects to develop the enterprise by supplying battery producers.
“As a consequence of robust market curiosity within the native pure graphite anode, provide shortages, and powerful monetary incentives from governments, we anticipate the feasibility research to supply extra favorable economics of venture.”
In February 2022, Volt was chosen as a coated spheronized purified graphite provider for Power Provide Builders – whose preliminary 50GWh lithium battery manufacturing facility is scheduled to start operations at an undisclosed web site in a state of Midwestern US in 2025.Picture: Volt Assets
