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

Green Car Congress

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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Eni announces a giant gas discovery offshore Mozambique

Green Car Congress

Eni announced a giant natural gas discovery at the Mamba South 1 prospect, in the Area 4 Offshore Mozambique. The volume of natural gas discovered will lead to a large-scale gas development with a combination of both export to regional and international markets through LNG and supply to the domestic market.

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Syrah begins production of active anode material in Louisiana – Charged EVs

Baua Electric

Syrah Resources , an industrial minerals and technology company, has become an integrated natural graphite active anode material (AAM) supplier outside China, processing natural graphite from Syrah’s Balama Graphite Operation in Mozambique.

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

Green Car Congress

Meanwhile, the movement to manufacture batteries locally for automobile applications in North America and Europe is becoming active with auto makers and battery cell makers implementing supply chain strategies. MRC; Western Australia, Australia), which owns an operating graphite mine in Norway and a graphite project in Australia.

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

Green Car Congress

Flake graphite accounts for approximately 40% of global natural graphite supply. The supply of flake graphite is concentrated primarily in China and Mozambique, with Brazil, North Korea, Canada and India accounting for nearly all of the remainder of production. The ARC program in British Columbia (B.C.)

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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 will go to 11 projects in the materials separation and processing segment of the supply chain. Anovion , Scaling the Domestic, US Owned and Operated Anode Supply Chain for Synthetic Graphite, $117,000,000. It will produce enough material to supply more than 250,000 electric vehicles annually. Of that, $1.6

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Syrah Resources successfully produces Li-ion battery grade spherical graphite; market numbers

Green Car Congress

Australia-based Syrah Resources has successfully produced uncoated battery grade spherical graphite, using natural flake graphite from its Balama Graphite & Vanadium Project in Mozambique. The International Energy Agency (IEA) 2013 has forecast annual sales of electric vehicles (EVs) of nearly 6 million units by 2020.

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