Australia's Volt Resources gains as co restarts production at Ukrainian graphite project

Volt Resources

15/10/2024 05:19

** Shares of Volt Resources  VRC.AX  rise 42.9% to A$0.005,
set for their best session since late-May 2020, if gains hold
    ** The specialty miner says it recommenced production at its
Zavalievsky mine in Ukraine and plans to produce up to 550 tons
of graphite over several days
    ** Co plans to produce various graphite grades starting with
high-quality graphite ore via multi-shift operation
    ** About 6.7 mln shares change hands, 6.8 times the 30-day
avg of 973,000 shares
    ** Volt stock down ~23% YTD, including current session's
moves

 (Reporting by Nikita Maria Jino in Bengaluru)
 ((Nikita.Jino@thomsonreuters.com;))