Anadarko Petroleum and its joint venture partners have made a final investment decision (FID) in favour of its $US20 billion ($29 billion) Mozambique LNG project.
Syrah Resources has entered into a convertible note deed and an underwritten entitlement offer to raise approximately $111.6 million for its Balama graphite project.
High graphite prices are encouraging development of new projects outside of China, according to market consultant Roskill.
Syrah Resources has posted strong results in the December 2018 quarter in spite of production issues caused by a fire at the Balama graphite mine in Mozambique last October.
Syrah Resources has started commercial production at the Balama operation in Mozambique, southeast Africa, following a review of its monthly metrics.
Battery Minerals’ second major graphite operation Balama Central in Mozambique boasts a mine life of 27 years and will cost just $US69.4 million to develop, its feasibility study has shown.
A fire has occurred at Syrah Resources’ Balama graphite operation, less than a week since the project received approvals from the Mozambique Government.
Battery Minerals has achieved key milestones at its Montepuez graphite project in Mozambique, with steady progress going across all its construction works.
Syrah Resources’ mining agreement for the Balama graphite operation in Mozambique, Africa has been sanctioned.
Triton Minerals has signed an engineering, procurement and construction (EPC) contract with MCC International Incorporation for the mineral processing facility and infrastructure at the Ancuabe graphite project in Mozambique.
Mustang Resources has completed its maiden JORC mineral resource estimate for the Caula vanadium-graphite project in Mozambique.
Battery Minerals has released its quarterly report ending June 2018, which details the continued ramp-up of the Montepuez graphite project in Mozambique.
Mustang Resources has entered into a merger agreement with Toronto- and Dubai-based Fura Gems, a new gemstone mining company with emerald and ruby assets in Mozambique and Colombia.
Triton Minerals has signed a letter of intent with MCC International, the overseas platform of Metallurgical Corporation of China, for an engineering, procurement and construction (EPC) contract at Triton’s Ancuabe graphite project in Mozambique.
Triton Minerals has approved development of the Ancuabe graphite project in Mozambique.
Syrah Resources has signed a purchase agreement for an industrial site for its planned battery anode material (BAM) development in Louisiana, United States.
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).
Battery Minerals has been awarded a mining licence for its Montepuez graphite project by the Mozambican Government.
Mustang Resources could be producing at the Caula graphite-vanadium project in Mozambique by the middle of next year.
Mustang Resources is on track for first production at the Caula graphite project in Mozambique by the middle of next year.