QUANTUM GRAPHITE LIMITED — Regulatory Filings 2015

Apr 13, 2015

ASIA PACIFIC I EUROPE I NORTH AMERICA

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ASX ANNOUNCEMENT

ASX: VXL & VXLO

14
April
2015

Uley Graphite Export Shipped

• First
  Uley
  Graphite
  export
  shipment
  from
  Port
  Adelaide

• 20
  tonnes
  of
  flake
  graphite
  from
  Valence
  Industries
  exported
  to
  customers
  in
  Asia
  Pacific

**Export

Shipment**

Valence
Industries
Limited
(the
‘Company’)
is
pleased
to
announce
that
the
first
shipment
of
Uley Graphite[TM
] is
scheduled
to
leave
Port
Adelaide
today
for
export
to
customers.

This
initial
export
of
approximately
20
tonnes
of
flake
graphite
was
processed
at
Valence
Industries’ established
processing
facilities
at
the
Uley
Graphite[TM] site
near
Port
Lincoln
as
announced
on
26 March
2015.
The
graphite
is
now
being
shipped
to
Valence
Industries’
customers
in
the
Asia
Pacific.

This
first
shipment
marks
the
return
of
Australia
to
the
global
graphite
supply
chain,
worth
an estimated
US$13.6
billion
and
projected
to
grow
further
in
the
coming
years
to
reach
a
US$17.5 billion
in
2020[1] .

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Valence
Industries
–
First
Container
of
VXL
Flake
Graphite
for
Export
(14
April
2015)

Valence
Industries’
Managing
Director
&
Chief
Executive
Officer,
Christopher
Darby
commented:

“This
export
is
an
historic
milestone
for
Valence
Industries
and
the
positive
response
from customers
across
a
range
of
industries
globally
demonstrates
the
strength
of
the
Company’s position
as
the
only
Australian
producer
of
flake
graphite.

1 Persistence Market Research: “Global Market Study on Graphite: Battery Segment To Witness Highest Growth by 2020”

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2

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“There
is
added
significance
surrounding
the
shipment
as
it
represents
a
new
export
industry
for South
Australia
and
the
country,
and
Valence
Industries
aims
to
grow
this
substantially
in
the coming
months
and
years.

“I
wish
to
thank
all
involved
in
helping
Valence
Industries
achieve
its
first
export
–
our
dedicated staff
and
contractors,
the
South
Australian
government
and
the
Port
Lincoln
community.”

Mr
Darby
added
that
production
ramp
up
commissioning
at
the
Uley
Graphite[TM] site
is
performing as
planned.
Volumes
of
graphite
for
export
shipments
will
increase
substantially
as
the
existing processing
facility
is
ramped
up
in
stages
to
a
targeted
rate
of
14,000
tpa
of
graphite
production
in Q3
CY
2015.

Valence
Industries
is
in
advanced
discussions
with
its
financiers
for
expansion
of
its
existing
facilities and
development
of
new
advanced
processing
capacity.
The
first
stage
of
the
expansion
program will
more
than
double
current
graphite
production
capacity
to
39,000
tonnes
per
annum
with output
increasing
at
the
Uley
Graphite[TM] site
during
CY
2016
along
with
delivery
of
advanced materials
handling
and
processing
capacity
in
Adelaide.
Valence
Industries
is
concluding negotiations
to
secure
finance
for
the
expansion
program.

For
further
information,
please
contact:

For further information,	please contact:
Investor enquiries:	Media enquiries:
Christopher S. Darby CEO & Managing Director info@valenceindustries.com +61 8 8215 6400 Rebecca Lawson Media & Capital Partners rebecca.lawson@mcpartners.com.au +61 433 216 269
Forward Looking Statements

All
statements
other
than
statements
of
historical
fact
included
in
this
announcement
including,
without
limitation, statements
regarding
future
plans
and
objectives
of
Valence
Industries
Limited
(Valence
Industries)
are
forward-­‐looking statements.
When
used
in
this
announcement,
forward-­‐looking
statements
can
be
identified
by
words
such
as
‘may’, ‘could’,
‘believes’,
‘estimates’,
‘targets’,
‘expects’
or
‘intends’
and
other
similar
words
that
involve
risks
and
uncertainties. These
statements
are
based
on
an
assessment
of
present
economic
and
operating
conditions,
and
on
a
number
of assumptions
regarding
future
events
and
actions
that,
as
at
the
date
of
this
announcement,
are
expected
to
take
place. Such
forward-­‐looking
statements
are
not
guarantees
of
future
performance
and
involve
known
and
unknown
risks, uncertainties,
assumptions
and
other
important
factors,
many
of
which
are
beyond
the
control
of
the
company,
its directors
and
management
of
Valence
Industries,
that
could
cause
Valence
Industries’
actual
results
to
differ
materially from
the
results
expressed
or
anticipated
in
these
statements.

Valence
Industries
cannot
and
does
not
give
any
assurance
that
the
results,
performance
or
achievements
expressed
or implied
by
the
forward-­‐looking
statements
contained
in
this
announcement
will
actually
occur
and
investors
are cautioned
not
to
place
undue
reliance
on
these
forward-­‐looking
statements.
Valence
Industries
does
not
undertake
to update
or
revise
forward-­‐looking
statements,
or
to
publish
prospective
financial
information
in
the
future,
regardless
of whether
new
information,
future
events
or
any
other
factors
affect
the
information
contained
in
this
announcement, except
where
required
by
applicable
law.

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