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Tirupati Graphite to acquire strategic Mozambique graphite projects from Battery Minerals

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Suni Resources holds the Mozambique portfolio of graphite assets of Battery Minerals Limited, which includes the construction-initiated Montepuez Graphite Project and the advanced feasibility study stage Balama Central Graphite Project. TGC, significantly increasing the company’s JORC Code (2012) mineral resource base.

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US DFC approves $150M conditional loan commitment for Balama graphite mine in Mozambique

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The US Development Finance Corporation’s (DFC’s) Board of Directors approved the provision of up to $150 million in financing to Twigg Exploration and Mining—a wholly-owned subsidiary of Australia-based Syrah Resources Limited—to fund investments in the company’s graphite mining and processing operation in Balama, Mozambique.

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Tesla turns to Mozambique mine to acquire graphite for its EV batteries: report

Teslarati

A recently shared report has indicated that Tesla is looking to source some key battery materials such as graphite from locations outside China. Among these is reportedly one of the world’s largest graphite mines in Balama, Mozambique, which is operated by Australia’s Syrah Resources. .

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Syrah Resources signs binding offtake agreement with Tesla for natural graphite active anode material

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Vidalia battery anode material project site. The Vidalia battery anode material plant will process natural graphite concentrate shipped in from Syrah’s Balama mine in Mozambique. Balama mine operation in Mozambique. The Balama graphite operation is a globally significant natural graphite resource.

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DOE awarding $1.6B to 11 battery materials separation and processing projects as part of $2.8B funding

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billion to 21 projects to expand domestic manufacturing of batteries for electric vehicles (EVs) and the electrical grid and for materials and components currently imported from other countries. The US Department of Energy (DOE) is awarding a combined $2.8 Earlier post.) Of that, $1.6 Materials Separation & Processing (Cathode Minerals).

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Mitsubishi Chemical strengthens production capacity of graphite anode materials in China; possible production in Europe and US

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The market for Li-ion batteries for automobile applications is expected to grow about 30% annually on average. Pari passu , demand is increasing for high-quality and eco-friendly anode materials, a key component of the batteries, available for automotive applications.

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Roskill: graphite prices still rising on high Chinese electricity costs

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Roskill noted that battery grades are particularly affected as both the manufacture of synthetic graphite and the processing of spherical graphite from natural flake are known for their high levels of energy consumption. The company reported its production in Mozambique as 25kt in Q3, down from 29kt in Q2.

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