Mr. V-Bond Lee reports

EMITIQ'S PRELIMINARY FEASIBILITY STUDY CONFIRMS 99% EMISSION CUT AND $140-340 PER TON CARBON CREDIT POTENTIAL WITH VOLT CARBON'S AIR CLASSIFICATION TECHNOLOGY FOR GRAPHITE

Volt Carbon Technologies Inc. has released key findings from an independent preliminary feasibility study conducted by Natureblocks Technology Inc. also known as EmitIQ, highlighting the environmental and economic benefits of the company's air classification technology for graphite production. The study underscores the company's commitment to environmentally responsible operations, and highlights substantial environmental and economic benefits.

Air classification technology

Volt Carbon's proprietary air classification process has achieved graphite purity levels of 95 per cent to 98.5 per cent (independently verified by ProGraphite GmbH) without the use of water or chemical reagents on several graphite ore samples in Ontario and Quebec. This innovative dry process separates natural flake graphite from impurities using controlled airflow, eliminating many of the environmental risks associated with conventional flotation methods.

Operational benefits and key environmental findings from the study:

• Ninety-nine-per-cent reduction in greenhouse gas emissions: Emissions are reduced to as low as 0.123 to 0.15 kilogram carbon dioxide equivalent per kilogram of graphite when powered by renewable energy, compared with 9.5 to 13.7 kg CO2e per kilogram using traditional methods.
• Negligible water use: The process virtually eliminates up to 75 litres of water required per kilogram of graphite in traditional flotation.
• Reduced land and chemical impact: Air classification minimizes land disturbance, acidification potential and chemical waste, aligning with Volt Carbon's sustainability goals.
• Land use transformation: The dry air classification process has a lower environmental impact on land use compared with traditional methods, which can lead to erosion and groundwater depletion. This reduced land disturbance aligns with Volt Carbon's commitment to environmentally responsible operations.
• Reduced acidification potential: The air classification process minimizes chemical waste production, reducing the environmental risks associated with soil and water contamination from chemical reagents. Traditional flotation methods contribute significantly to acidification whereas air classification virtually eliminates this risk.

Carbon credit revenue opportunities

As Volt Carbon aims to scale up to produce 10,000 tons of graphite annually, the study indicates it could offset $140 to $340 per ton in production costs through carbon credits. This adds up to $1.4-million to $3.4-million in total offsets for every 10,000 tons produced, certified under standards like the Verified Carbon Standard (VCS) and the Gold Standard.

"The preliminary feasibility results from EmitIQ have exceeded our expectations, particularly in terms of water savings and emissions reductions, which appear to be industry leading. EmitIQ's high-fidelity validation highlights the immense potential of our technology. Our next step is to construct a demonstrator unit to support a full feasibility assessment and advance commercialization for graphite applications," said V-Bond Lee, chief executive officer of Volt Carbon.

Next steps for Volt Carbon's air classification technology

Developed using advanced computational fluid dynamics, Volt Carbon's air classification system simplifies permitting and improves scalability while reducing capital expenditures. Unlike traditional wet processes, this innovative technology unlocks the potential of smaller, previously uneconomical orebodies. Volt Carbon will continue to build and test its machinery, with plans to further scale a demonstrator unit as a key step toward commercialization.

About Volt Carbon Technologies Inc.

Volt Carbon, headquartered in Calgary, is a publicly traded carbon science company focused on energy storage and green energy solutions. The company operates a lithium-ion-battery plant in Guelph and a mineral processing facility in Toronto. Volt Carbon also holds mining claims across Ontario, Quebec and British Columbia, supporting its commitment to sustainable resource development.

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