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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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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.

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

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Among these is reportedly one of the world’s largest graphite mines in Balama, Mozambique, which is operated by Australia’s Syrah Resources. . As per a report from The Associated Press , Syrah’s Louisiana plant sources its graphite from the company’s Balama, Mozambique mine.

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ExxonMobil completes LNG acquisition in Mozambique Area 4

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Natural gas is projected to be the world’s fastest-growing major fuel source, and Mozambique is well-positioned to supply LNG customers around the world. to be renamed Mozambique Rovuma Venture S.p.A.), The deepwater Area 4 block contains an estimated 85 trillion cubic feet of natural gas in place. ExxonMobil now owns a 35.7%

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Eni: new ultra-deep discovery offshore Mozambique could contain 5-7 Tcf of gas in place

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Italy-based oil and gas major Eni has made a new high impact discovery at Agulha exploration prospect, in Area 4, offshore Mozambique. In 2011, Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. Eni’s Area 4 offshore Mozambique. Earlier post.). Earlier post.).

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Eni and Anadarko to coordinate development of gas reservoirs offshore Mozambique, jointly to develop major onshore LNG facility

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Eni and Anadarko Petroleum Corporation signed a Heads of Agreement (HOA) establishing foundational principles for the coordinated development of common natural gas reservoirs in the offshore Mozambique. Coventurers include Mitsui E&P Mozambique Area 1, Limited (20%), BPRL Ventures Mozambique B.V. (10%), working interest.

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Eni announces a giant gas discovery offshore Mozambique

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Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The exploration success in Mozambique expands the leadership of Eni in Africa by opening a new eastern front of activities. This is the first exploration well in Area 4.