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Friday, 01/02/2015 11:19:03 AM

Friday, January 02, 2015 11:19:03 AM

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Valence Industries (VLQCF) (ASX:VXL) Feasibility Study Expansion and ADV Released
Jan 1, 2015

www.abnnewswire.net/companies/en/36328/Valence_Industries

Valence Industries (VLQCF) (ASX:VXL) Feasibility Study Expansion and ADV Manufacturing
Adelaide, Australia, Jan 2, 2015 - (ABN Newswire) - Valence Industries (VLQCF) (ASX:VXL)
has completed its Feasibility Study for the significant expansion of its
currently operating Phase I graphite mining, processing and advanced
manufacturing capacity.

The Feasibility Study reflects the continued focus by Valence Industries on a
program of advanced manufacturing shifting the emphasis from bulk tonnages to
value added product lines and increased margins. The Executive Summary of the
Feasibility Study is appended with the key elements discussed below.
Production & Manufacturing Strategy
The Feasibility Study defines an advanced manufacturing program for Valence
Industries with two aspects:
(1) base flake graphite concentrate production at the Uley Graphite(TM) site;
combined with
(2) advanced product handling facilities near the port of Adelaide.

Valence Industries has ore reserves exceeding 2Mt to meet current production and
sales programs and is drilling its exploration targets on a schedule to match
the need for additional future raw material.
Expansion of the facilities at the Uley Graphite(TM) site will provide
additional processing capacity In 25000tpa increments of graphite output to
reach 64000tpa to effectively match market demand.
This Phase II plant is also designed to deliver significant advances in quality,
output reliability and reduced processing costs compared to the existing Phase I
plant.

To view the Feasibility Study report, please visit:
http://media.abnnewswire.net/media/en/docs/ASX-VXL-837322.pdf

About Valence Industries:

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.
Source:
Valence Industries
www.valenceindustries.com

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