Valence Industries advises that it will suspend processing activities at its Uley GraphiteTM site near Port Lincoln, South Australia. Graphite sample preparation in support of sales and marketing efforts to potential and existing Valence Industries customers will continue using existing stockpiled product at Uley. The Company believes it is [...]
Valence Industries are pleased to provide the Chairman's address to shareholders at 2015 Annual General Meeting. It is difficult to focus solely on the operational and financial events that occurred during FY14/15 without blending into the events of today. I will outline briefly my assessment of major issues and their impact on the Company's [...]
Valence Industries is Australia's only operating graphite company. Valence Industries currently mines and processes flake graphite products from its Uley Graphite facilities near Port Lincoln, South Australia for supply to customers globally. Quarter Highlights Operations - Commissioning completed at Uley Graphite processing plant o Concentrate [...]
Perth, Australia (ABN Newswire) - Valence Industries Ltd. (ASX:VXL) are pleased to provide the Company's Annual Report 2015 to shareholders. MINERAL RESOURCE & ORE RESERVES ULEY 2 Mineral Resource and Ore Reserve estimates for Uley 2 as at 30 June 2015 are set out in the tables (see link below), with a comparison to 30 June 2014 figures. All [...]
Perth, Australia (ABN Newswire) - Producing quality flake graphite at the Uley Graphite mine near Port Lincoln, South Australia, Valence Industries Ltd. (ASX:VXL) aims to be a leading global graphite producer. Production Fundamentals: - High grade, large flake graphite resource with low impurities - Low cost reserve, targeting lowest quartile [...]
Valence Industries advises that Mr Christopher Darby has decided to resign as Managing Director and CEO of Valence Industries to accept an executive strategy and customer focussed role within the Company, effective 1 December 2015. The Company's Chief Operating Officer, Mr Robert Mencel, will be appointed Deputy Managing Director effective 19 [...]
Valence Industries is pleased to provide an update on the Company’s syndicated finance facilities and the associated expansion program. Highlights - Modified expansion program reduces capital requirements - Key debt due diligence milestones passed as process nears completion - First draw down of up to US$20m expected under Initial [...]
The Directors of Valence Industries have pleasure in submitting their report on the Company and its subsidiaries, for the year ended 30 June 2015. Strategy and Outlook In the next year the focus for Valence Industries will be: - Implementing corporate and operational lean structures to deliver productivity and cost efficiencies; - Consistent [...]
Valence Industries provides the following update on graphite production at its Uley Graphite(TM) site in South Australia. Highlights: - Commissioning and ramp up of production continues with concentrate grades of up to 94% achieved with high proportions of large flake sizes - Production testing has identified process bottlenecks which when [...]
Valence Industries is pleased to announce further results from the targeted extensional drilling campaign at the Company's Uley GraphiteTM operation near Port Lincoln. Highlights: - Assay results confirm strike extension of very high-grade flake graphite mineralisation at Uley Graphite site - Very high-grade near-surface mineralisation within [...]
Valence Industries is pleased to announce the appointment of experienced industry executive Robert Mencel as Chief Operating Officer (COO). Mr Mencel joined Valence Industries on 17 August 2015 and will work closely alongside CEO & Managing Director, Christopher Darby as the company ramps up production at its Uley Graphite(TM) facilities and [...]
Valence Industries is Australia's only graphite company. Valence Industries will mine, process and sell flake graphite products from its Uley GraphiteTM facilities near Port Lincoln, South Australia for supply to global customers with an expansion program and focus on advanced high-margin product development.