Valence Industries was the company that owned the Uley Graphite Project and associated facilities near Port Lincoln in regional South Australia. The project is one of the largest coarse flake graphite deposits in the world, and is acknowledged as a significant area of graphite mineralisation. Valence Industries changed its name to Quantum Graphite Limited (ASX: QGL) on 14 July 2017. The company's shares are suspended from trading and it is subject to a deed of company arrangement.As the owner of the project, Valence, now Quantum, is Australia’s only graphite producer. It is an ASX listed company (ASX: QGL), which listed in January 2014 as ASX: VXL and changed its name and listing code on 14 July 2017. The project has all approvals required to commence production at the Uley mine, and the mine was formally opened in November 2014. The project has a high grade Ore Reserve A Feasibility Study for the significant expansion of operations at the Uley graphite site was released in early 2015. This proposes the expansion of its base flake graphite concentrate production and also the establishment of an advance graphite manufacturing facility.Valence Industries’ aim is to produce graphite products for multiple applications and multiple industries for sale to global markets, including the Asia Pacific region, Europe and North America.