April 6, 2023: Volt Sources mentioned on March 27 that it launched a feasibility examine 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 fashioned a brand new unit, Volt Vitality Supplies, to produce graphite merchandise for the lead acid and lithium battery markets within the US.
The BAM feasibility examine needs to be accomplished by September and used to help the US authorities’s funding proposal.
CEO Prashant Chintawar mentioned that whereas the mining and processing of uncooked supplies is the muse of the corporate, Volt expects to develop the enterprise by supplying battery producers.
“Because of robust market curiosity within the native pure graphite anode, provide shortages, and powerful monetary incentives from governments, we count on the feasibility examine to supply extra favorable economics of mission.”
In February 2022, Volt was chosen as a coated spheronized purified graphite provider for Vitality Provide Builders – whose preliminary 50GWh lithium battery manufacturing facility is scheduled to start operations at an undisclosed website in a state of Midwestern US in 2025.Picture: Volt Sources