Thursday, November 17, 2022 11:12:52 AM
https://www.otcmarkets.com/stock/TORVF/news/Volt-Carbon-Technologies-Announces-the-opening-of-a-Product-Development-Facility-for-Mineral-Separation?id=380763
Volt Carbon Technologies Inc.
Calgary, Alberta, Canada, Nov. 17, 2022 (GLOBE NEWSWIRE) -- Volt Carbon Technologies Inc. (“Volt Carbon” or the “Company”) (TSX-V: VCT) (OTCQB: TORVF) a carbon science company engaged in the design and build of green energy storage products, and green energy mineral separation processes is pleased to announce that it has opened a 2200 sq ft Product Development Facility which will be located at 2691 Markham Road, Unit 4 in Scarborough, Ontario. The company has signed a one-year lease for this unit with an option to continue the lease on a yearly basis. The facility will be commissioned with Volt Carbon’s equipment vacated from its prior location at 768 Westgate which was announced from a news release dated Dec 14, 2020.
The purpose of this new facility will be to continue development and commercialization of Volt Carbon’s patent pending air classifier which will be utilized for graphite separation from ore. The facility will house machinery to crush ore into feedstock for air classifier trials. Initially the main equipment will include primary and secondary crushing and 2 air classifiers dedicated for testing of various ore bodies. At the time of this press release all lease holds improvements have been completed, and 50% of the equipment has been moved to this location for commissioning.
As the facility has a small footprint of only 2200 sq ft, it is considered a “microfactory”. The company views this facility as a small factory for producing small batch runs of graphite flakes intended to test out and optimize the Company’s proprietary techniques. The microfactory's main advantage is to save a substantial amount of space, energy, materials, time, and upfront capital to further develop its product.
Volt Carbon’s air classification system is designed to increase the head grade of graphite prior to downstream processing in wet circuits. This process has the potential to substantially save on Equipment CAPEX and recurring costs. Volt Carbon believes that air classification is an environmentally responsible approach to liberating graphite flakes from ore in a manner that reduces water usage and reagents.
Bill Pfaffenberger, CEO, commented: “We are very excited that the commissioning of this facility is well underway and will be ready for small batch sample runs of graphite ore in Q1 2023. The new, low cost, facility will enable Volt Carbon to begin to optimize the air classifiers for graphite extraction of various mineral deposits from potential customers. Graphite is recognized as a critical mineral by governments in North America and Europe and it use is essential to many industries including renewable energy.”
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