Aiming to ramp up their international operations, Urbix Resources will reportedly work with Hanoi-based Vietnam Graphite Group to build a 70,000 tonne purification plant in Vietnam. The Vietnamese purification plant will be situated within VGG’s graphite mining operations in North Western Vietnam and will serve customers in Japan and the surrounding region.
The facility is scheduled for stage one completion in late 2020. It is anticipated the purification plant will have the capability of achieving revenues exceeding US $200 million annually once the second stage is completed the following year. It appears that the plant will be used to produce, among other materials, graphene oxide and graphene nanoplatelets.
Urbix Chairman Nico Cuevas is energized by these developments and the strong relationships the company is building internationally. These strategic joint ventures will serve the higher demand of the Asian market and will make Urbix’s superior clean green purification technology available at an international level. The resulting facilities will be able to produce ‘graphenesque’ products such as Graphene Nano Platelets, Graphene Oxide and other forms of advanced graphite derivatives on a commercial scale.