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

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The US Department of Energy (DOE) is awarding a combined $2.8 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. Earlier post.) Of that, $1.6

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Roskill: graphite prices still rising on high Chinese electricity costs

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Roskill reports that prices for Chinese graphite continue to rise as producers contend with increasing electricity costs and supply disruption caused by limits on energy consumption. The company reported its production in Mozambique as 25kt in Q3, down from 29kt in Q2.

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Walkabout Resources’ Tanzanian graphite project moves to construction phase

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Australia-based Walkabout Resources, an Africa-focused energy minerals developer, announced that its Tanzania Lindi Jumbo flake graphite project had progressed into the construction phase, with the CRDB-approved Independent Project Manager completing site visits and bulk earthmoving contractor TNR commencing mobilization.

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DOE closes $102.1M loan to Syrah Technologies to expand production of graphite-based active anode material

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The US Department of Energy’s (DOE) Loan Programs Office (LPO) has closed a $102.1-million Vidalia Battery Anode Material Project Site Overview. The remaining capacity is expected to be sold to other auto and EV battery manufacturers. Earlier post.). The loan will help finance the construction of the Syrah Vidalia Facility.

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Eagle Graphite and University of British Columbia partner on development of silicon-modified anodes

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The Government of British Columbia and Eagle Graphite confirmed release of the first tranche of grant funding in support of a 2-year program to develop and commercialize silicon-modified battery anodes made with graphite from Eagle’s Black Crystal graphite quarry and plant in Valhalla, British Columbia.

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Panasonic invests more in graphite supply for the North American market

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Panasonic Energy signed a seven-year agreement with Nouveau Monde Graphite Inc. The deal with NMG will further solidify Panasonic’s goal to strengthen its EV battery supply chain in North America. Panasonic Energy’s graphite supply deal with NMG starts with an investment of USD$25 million.

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