VT Project Compares Very Favourably Worldwide

  • Top resource within EU, and worldwide.

  • One of best drill intercepts worldwide: 1190.8 m/% C drilled historically.

Graphite projects diagram_dark grey.jpg Worldwide intercepts diagram_dark grey.jpg

Graphite Production

  • Europe produces but a small fraction of its natural graphite consumption (currently about 100,000 tonnes/year) from small mines in Norway and Austria (~8,000 t/a).

  • Several projects under development (Sweden, Finland).

  • Most graphite imported from China, and Mozambique.

  • By 2030 demand for graphite forecast to rise to 500,000 tonnes/year.

  • VT contains over 6,000,000 tonnes of graphite and its annual production will markedly decrease EU dependance of off-shore sources.

  • Graphite declared a Strategic Commodity by the EU.

  • Graphite initiative supported by EU grants and legislative acts for fast tracking development of domestic graphite supply.