Volt Resources transforms to graphite producer on completing ZG Group acquisition “Volt now has the potential to become a key market participant in the supply of graphite and battery anode materials into the growing European market with excellent access to other markets in the USA and the Middle East,” says MD. After acquiring a controlling interest in the ZG Group, Volt is one of few ASX-listed graphite producers. Volt Resources Ltd (ASX:VRC) has officially completed its transition to become a graphite producer, following the acquisition of a 70% controlling stake in the Ukrainian Zavalievsky Group (ZG) of Companies. That shift is now complete, with news on Tuesday morning that Volt had entered into a new US$4 million convertible security with SBC Global Investment Fund, drawn down in full to fund the acquisition.