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

Green Car Congress

SEPTEMBER 12, 2023

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.

Mozambique

Mozambique Financing Legal Louisiana

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

Green Car Congress

NOVEMBER 29, 2021

The Democratic Republic of the Congo (DRC) can leverage its abundant cobalt resources and hydroelectric power to become a low-cost and low-emissions producer of lithium-ion battery cathode precursor materials, according to a new study on a unified African supply chain by BloombergNEF (BNEF).

Africa

Africa Supplies Emissions Poland

EV Driven

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

BNEF: producing battery materials in the DRC could lower supply-chain emissions and add value to the country’s cobalt

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