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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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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. . Tesla has signed an agreement to acquire about 80% of the output from Syrah’s processing plant in Vidalia, Louisiana, starting in 2025.

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Syrah Resources signs binding offtake agreement with Tesla for natural graphite active anode material

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Australia-based Syrah Resources Limited signed a binding offtake agreement with Tesla to supply natural graphite Active Anode Material (AAM) from its vertically integrated AAM production facility in Vidalia, Louisiana. Balama mine operation in Mozambique.

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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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million loan to Australia-based Syrah Technologies LLC for the expansion of its Syrah Vidalia Facility in Louisiana—a processing facility that produces graphite-based active anode material (AAM), a critical material used in lithium-ion batteries for electric vehicles (EVs) and other clean energy technologies. Earlier post.).

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Sasol embarking on feasibility study on a US gas-to-liquids facility in Louisiana

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South African energy and chemicals group Sasol today announced that it has chosen the southwestern region of the State of Louisiana as the site for a planned gas-to-liquids (GTL) facility. Sasol will embark on a feasibility study to evaluate the viability of a GTL venture in Calcasieu Parish, Louisiana, over the next 18 months.

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Tesla graphite supplier gets $107M loan offer from Biden Administration

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Syrah plans to use the loan to expand its plant in Vidalia, Louisiana, which produces Active Anode Material (AAM) for electric vehicle batteries. The $107 million provided by the DOE will cover the expenses for the initial expansion of the Louisiana facility. The company transports graphite concentrate from 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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Syrah Technologies , Phase 3 Expansion of Syrah’s Commercial-Scale Natural Graphite Active Anode Material Facility in Vidalia, Louisiana, $219,820,610. Gabriel, Louisiana, $100,000,000. Gabriel, Louisiana. Koura , LiPF 6 Manufacturing Plant in St.

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