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Graphex Technologies in MOU with Reforme Group to develop graphite manufacturing facilities in Australia; mine-to-battery graphite supply

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Graphex has more ethan a decade of commercial experience producing 10,000 metric tons per annum of battery-grade purified spherical graphite at its facility in Heilongjiang Province, China, for the power battery market. Reforme was founded by the team that developed a first in the sorting and beneficiating of iron ore.

Australia 170
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ERMA supporting Mkango in development of rare earth separation plant in Poland

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The European Raw Materials Alliance (ERMA) will support Canadian mineral exploration and development company Mkango Resources Ltd.with securing financing for the development of a rare earth separation plant to be located in Pu?awy, awy, Poland. —Dr Massimo Gasparon, ERMA Director.

Poland 273
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BNEF forecasts global energy storage market to grow 15-fold by 2030 to 411 GW/1194 GWh

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However, while the new tax credit policy supports more growth based on BNEF’s long-term forecast, supply chain constraints cloud deployment expectations until 2024. Record electricity prices are forcing consumers to consider new forms of energy supply, driving the residential storage market in the near term.

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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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Northern Graphite closes acquisition of two graphite mines; 3rd largest non-Chinese graphite company

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All deposits have high quality flake graphite that is suitable for all battery and industrial applications. The acquisition of the two mines was financed through US$36 million in debt, royalty and stream financing provided by funds managed by Sprott Resource Streaming and Royalty Corp. Sprott invested CDN$3.75 million in cash.

Namibia 284
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UC Davis report urges policy actions to accelerate equitable transition to ZEVs in Global South

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In the report, the Global South is an economic term that refers to low- and middle-income countries in Africa, Eastern Europe, Latin America, the Caribbean and Asia. It also makes recommendations to enable some of these groupings to “leapfrog” to the best practice policies in support of EV uptake.

Davis 210
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EC presents action plan for critical raw materials

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The Action Plan looks at the current and future challenges and proposes actions to reduce Europe’s dependency on third countries, diversifying supply from both primary and secondary sources and improving resource efficiency and circularity while promoting responsible sourcing worldwide. It contains 30 critical raw materials.

Europe 365