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Ilyashev & Partners and Avellum Аdvise on Volt Resources' Acquisition of Stake in Zavalivskiy Graphite

Ilyashev & Partners and Avellum Аdvise on Volt Resources' Acquisition of Stake in Zavalivskiy Graphite

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Ilyashev & Partners has advised Ukraine's Zavalivskiy Graphite Group on its sale of a 70% stake to Australia's Volt Resources Limited. Avellum advised the buyer on the transaction.

According to Ilyashev & Partners, Zavalivskiy Graphite is one of the ten largest global producers of natural graphite. It has a production capacity of 30 thousand tons per year, has been developing the Zavallya deposit since 1934, and produces more than 25 main grades of graphite, as well as colloidal graphite preparations and graphite-based cutting fluids.

Volt is a graphite and gold exploration and development company listed on the Australian Stock Exchange. According to Avellum, Volt is focused on the exploration and development of its wholly-owned graphite and gold projects in Tanzania and Guinea and now Zavallya (Ukraine), and the identification of further assets globally.

"Following this transaction, Volt 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 US and the Middle East," Volt Managing Director Trevor Matthews commented. 

"This acquisition by Volt signifies an increasing interest of foreign investors in Ukraine. It also underscores the strategic importance of Ukraine in the battery production chain of the growing electric vehicle industry," added Avellum Managing Partner Mykola Stetsenko

The Ilyashev & Partners team included Managing Partner Mikhail Ilyashev, Partner Yevgen Solovyov, and Counsel Leonid Gilevich.

Avellum's team was led by Stetsenko and included Partner Maksym Maksymenko and Associates Daryna Mykhailenko and Andriy Kornuta.

Ukraine Knowledge Partner

AVELLUM is a leading Ukrainian full service law firm with a key focus on Finance, Corporate, Dispute Resolution, Tax, and Antitrust.

Our aim is to be the firm of choice for large businesses and financial institutions in respect of their most important and challenging transactions.

We build lasting relationships with our clients and make them feel secure in new uncertain economic and legal realities.

We incorporate the most advanced Western legal techniques and practices into our work. By adding our first-hand knowledge, broad industry experience, and unparalleled level of service we deliver the best results to our clients in their business endeavours. Our partners are taking an active role in every transaction and ensure smooth teamwork.

AVELLUM is recognised as one of the leading law firms in Ukraine by various international and Ukrainian legal editions (Chambers, The Legal500, IFLR1000, The Ukrainian Law Firms, and others).

Firm's website: www.avellum.com

 

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