The equation looks simple; the supply of graphite is tightening, while the demand is currently forecast to skyrocket. Tom Revy discusses the market environment in the graphite industry.
Battery Minerals has achieved key milestones at its Montepuez graphite project in Mozambique, with steady progress going across all its construction works.
Diggers & Dealers Mining Forum chairman Nick Giorgetta believes mining’s skills shortage is just years away from being at crisis levels if more Australians aren’t attracted to the industry.
Battery Minerals has released its quarterly report ending June 2018, which details the continued ramp-up of the Montepuez graphite project in Mozambique.
Battery Minerals has received commitments to raise a further $20 million for its Montepuez graphite project in Mozambique, adding to the $US30 million ($40 million) debt and equity package secured earlier this month from Resource Capital Funds (RCF).
The Association of Mining and Exploration Companies (AMEC) has released a report urging the state and federal government to act on the opportunity provided by battery minerals, particularly lithium.
Battery Minerals’ Montepuez graphite project in Mozambique has taken “another significant step” towards being fully funded following the company’s acceptance of a $US30 million ($39.9 million) debt and equity package from Resource Capital Funds (RCF).
Battery Minerals has been awarded a mining licence for its Montepuez graphite project by the Mozambican Government.
Battery Minerals has signed an offtake agreement with Qingdao Keshuo New Minerals Technology over the former’s Montepuez project in Mozambique.
Battery Minerals has secured an offtake agreement with Qingdao Guangxing Electronic Materials (GEM) for development of its Montepuez graphite project in Mozambique.
Battery Minerals has signed an offtake agreement that covers 20 per cent of the first phase of production from its Montepuez graphite project in Mozambique.
Following on from $20 million of capital raising earlier this month, extensive recruitment is now underway at Battery Minerals’ Montepuez graphite project.
WA graphite explorer Battery Minerals has received $19.5 million in share placements and $500,000 from its drilling contractor (in return for equity) in order to fund its Balama and Montepuez projects in Mozambique.
Australian Mining brings readers the latest corporate appointments and departures impacting the local and international resources industry.