Valence Industries (ASX:VXL) is currently completing the Phase I program to bring the existing Uley Graphite(TM) manufacturing facilities back into production. Concurrently the company is completing the Phase II Feasibility Study and planning for its Phase III high purity facilities and its Phase IV graphene development and commercialisation program in conjunction with the University of Adelaide.
Valence Industries (ASX:VXL) has received multiple proposals from financiers and has committed to establish $35M in senior debt facilities from short-listed proponents to fund construction of the proposed Phase II full-scale process plant.
Valence Industries (ASX:VXL) is pleased to advise that the South Australian Premier, the Hon. Jay Weatherill MP, will be opening the company's Phase I regional graphite mining and manufacturing facilities on 25 November 2014.
Valence Industries (ASX:VXL) has discovered new and significant high-grade very large flake graphite mineralisation. This area is a completely new area of mineralised pegmatite untouched by historical drilling and entirely in addition to the already known mineralisation that forms the existing JORC (2012) Mineral Resource.
Valence Industries Limited (ASX:VXL) (VXLO) is nearing completion of the refurbishment of the Phase 1 Plant at its flagship Uley Graphite facilities in South Australia.
As announced on 18 September 2014, Valence Industries (ASX:VXL) is offering a Share Purchase Plan to all eligible shareholders in Australia and New Zealand at an issue price of 70 cents per Share
As announced on 18 September 2014, Valence Industries (ASX:VXL) is offering a Share Purchase Plan to all eligible shareholders in Australia and New Zealand at an issue price of 70 cents per Share
