Volt Repays AU$500,000 Loan from RiverFort on Schedule

Loan Repayment Marks Financial Milestone

Volt Resources Limited (ASX: VRC), a key player in graphite production and advanced materials, announced the full repayment of a AU$500,000 loan from RiverFort Global Opportunities PCC Limited. The loan, initially secured in September 2024 as part of a broader funding arrangement, was repaid in cash by the agreed maturity date, signaling Volt's solid financial footing.

This repayment not only fulfills contractual obligations but also reflects Volt’s ability to manage its capital structure prudently amid its ambitious growth plans. The company’s commitment to meeting its financial responsibilities is a positive indicator for investors watching its operational and developmental progress.

Context Within Volt’s Strategic Growth

Volt Resources has been actively developing its Bunyu Graphite Project in Tanzania, a cornerstone asset positioned to become a world-class supplier of graphite products. The project benefits from excellent infrastructure, including sealed roads and proximity to the deep-water port of Mtwara, facilitating efficient logistics and export potential.

In August 2023, Volt reported a revised feasibility study for Stage 1 of the Bunyu project, targeting an annual throughput of 400,000 tonnes of ore to produce nearly 25,000 tonnes of graphite products. This stage aims to establish a stable cash flow foundation and infrastructure to support a larger Stage 2 expansion.

Broader Asset Portfolio and Market Position

Beyond Tanzania, Volt holds a 70% interest in the ZG Group in Europe, encompassing graphite mining and processing operations in Ukraine, as well as lithium-borate prospective licences in Serbia. These diversified assets position Volt to capitalize on growing demand for critical minerals essential to clean energy technologies.

The repayment of the RiverFort loan may also enhance Volt’s credibility with lenders and investors, potentially easing access to future funding required for project expansions or new ventures.

Looking Ahead

While the repayment is a positive development, Volt’s financial health will continue to be tested as it advances its projects through capital-intensive stages. Monitoring cash flow generation from Bunyu and progress on European assets will be crucial for assessing the company’s ability to sustain growth without excessive reliance on external debt.